A 100-million USD floating glass factory will be built at the My Xuan A Industrial Zone in the southern province of Ba Ria - Vung Tau.
The factory, the third of this kind in the country, is owned by a joint venture between the Viet Nam Glass and Constructional Ceramics Corporation (Viglacera), the Constructional Materials Corporation No. 1 (FICO), and the Nippon Sheet Glass Co. Ltd. of Japan.
Once completed in Sept. 2006, the factory will produce 28 million sq. m of internationally standardised floating glass annually.