The company had invested VND450 billlion ($28.1 million) to construct this factory, which is designed to process 700 MT of raw material per day. However, Navico plans to increase daily processing capacity of more than 1,000 MT of raw materials by the third quarter this year.
At the moment, Navico’s two factories, Nam Viet and Thai Binh Duong (Pacific) are running in highest capacity. The company expands production activities in order to raise export revenue to SNG, South America, Middle East and Africa.