Viet Nam, Taiwan businesses: 30 million USD for fertiliser production, property

Viet Nam and Taiwan inked an agreement on strategic cooperation in fertiliser production in Hanoi on May 15.

Under the agreement, the Viet Nam General Corporation of Agricultural Materials and Taiwan ’s Concord Venture Fund will set up one or some joint ventures in real estate and fertiliser production.

The two companies agreed to invest 30 million USD in real estate projects in Hanoi , import fertiliser from Taiwan and produce fertiliser in Haiphong port city.