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PANO – South Korea’s Kumho Asiana Group on March 5 announced the operation of Kumho Tires plant in My Phuoc III industrial zone in Binh Duong province in southern Vietnam.

The USD 200 million factory is located on an area of 315,000 sq. m., making 3.15 million tyres a year.

In the forthcoming time, Kumho Tires plant will increase its production to 13 million tyres per year.

Translated by Vu Hung