query($sql); $row = $d->fetch_array(); return $row; } function remove_product($pid,$size,$mau){ $pid=intval($pid); $max=count($_SESSION['cart']); for($i=0;$i<$max;$i++){ if($pid==$_SESSION['cart'][$i]['productid'] && $size==$_SESSION['cart'][$i]['size'] && $mau==$_SESSION['cart'][$i]['mau']){ unset($_SESSION['cart'][$i]); break; } } $_SESSION['cart']=array_values($_SESSION['cart']); if(count($_SESSION['cart'])==0) { $redirect=true; } else { $redirect=false; } } function get_order_total(){ global $d; $max=count($_SESSION['cart']); $sum=0; for($i=0;$i<$max;$i++){ $pid=$_SESSION['cart'][$i]['productid']; $q=$_SESSION['cart'][$i]['qty']; $price=get_product($pid); $sum+=$price['gia']*$q; } return $sum; } function get_total(){ $max=count($_SESSION['cart']); $sum=0; for($i=0;$i<$max;$i++){ $q=$_SESSION['cart'][$i]['qty']; $sum+=$q; } return $sum; } function addtocart($pid,$q,$size,$mau){ if($pid<1 or $q<1) return; if(is_array($_SESSION['cart'])){ $ck=product_exists($pid,$size,$mau); if($ck==-1) { ## Sản phẩm chưa có => thêm vào giỏ hàng $max=count($_SESSION['cart']); $_SESSION['cart'][$max]['productid']=$pid; $_SESSION['cart'][$max]['qty']=$q; $_SESSION['cart'][$max]['size']=$size; $_SESSION['cart'][$max]['mau']=$mau; } else { ## Sản phẩm đã có => cộng dồn số lượng $_SESSION['cart'][$ck]['qty']=$q+$_SESSION['cart'][$ck]['qty']; } } else{ $_SESSION['cart']=array(); $_SESSION['cart'][0]['productid']=$pid; $_SESSION['cart'][0]['qty']=$q; $_SESSION['cart'][0]['size']=$size; $_SESSION['cart'][0]['mau']=$mau; } } function product_exists($pid,$size,$mau){ $pid=intval($pid); $max=count($_SESSION['cart']); $flag=-1; for($i=0;$i<$max;$i++){ if($pid==$_SESSION['cart'][$i]['productid'] && $size==$_SESSION['cart'][$i]['size'] && $mau==$_SESSION['cart'][$i]['mau']){ $flag=$i; break; } } return $flag; } ?> P&G To Build $100M Gillette Factory In Vietnam In The Sign Of Strong Confidence In Asian Market

P&G To Build $100M Gillette Factory In Vietnam In The Sign Of Strong Confidence In Asian Market

P&G To Build $100M Gillette Factory In Vietnam In The Sign Of Strong Confidence In Asian Market

P&G To Build $100M Gillette Factory In Vietnam In The Sign Of Strong Confidence In Asian Market

P&G To Build $100M Gillette Factory In Vietnam In The Sign Of Strong Confidence In Asian Market

P&G To Build $100M Gillette Factory In Vietnam In The Sign Of Strong Confidence In Asian Market
P&G To Build $100M Gillette Factory In Vietnam In The Sign Of Strong Confidence In Asian Market
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P&G To Build $100M Gillette Factory In Vietnam In The Sign Of Strong Confidence In Asian Market

P&G To Build $100M Gillette Factory In Vietnam In The Sign Of Strong Confidence In Asian Market

Procter and Gamble Co (NYSE:PG) has broken ground on the construction last week of a $100 million Gillette factory in the South-Asian nation of Vietnam. The factory will be built in the province of Binh Duong, where P&G has an existing facility already manufacturing baby care products, such as Pampers, and other household family care products, such as Tide detergent.

The manufacturing process is expected to begin once the construction of the plant is completed within 12 months period. It will be built in the Vietnam-Singapore Industrial Park II, a joint venture between Singaporean, Vietnamese government, and private sectors, established in 1996. This project has already attracted a handsome amount of foreign direct investment worth over $10 billion. The venture by P&G will bring the total investment by the Cincinnati-based consumer goods producer to the tune of $360 million.

The investment came in a month after the company has announced to build a $500 million factory near West Virginia. This is the second unit, as the last one was built in 1971 in the United States. The names of the company brands are not disclosed as the company refuses to divulge the details about it. That facility will be completed in 2017, employing 1000 workers, and taking the 30 factories that procter and gamblepossess in the North American country. This move is derived from the need for efficient supply chains and proximity to consumers, whilst the Vietnam plant is meant to produce goods at a low cost, though it will also serve the same purpose as the upcoming Virginia plant.

The motive is the accession to a growing market of consumers with growing disposable income. At the same time, whilst the company is undertaking major investments in several projects, such as the $300 million expansion program of its research and development center in Warren County of Mason, P&G has also been trimming its workforce and divesting some of its brands. The analysts suggest that the company may probably produce around a 100 brands till the end of this year.

P&G first commenced operations back in 1995, once the US-Vietnam relations normalized. Since then, the company has not reconsidered any actions while upping its expansion in the growing South Asian market. This is a sign of strong confidence and an optimistic long-term outlook. Several banks and investment analysts are predicting that Vietnam, along with several other countries in Asia, is becoming the next emerging economies after BRICS, which is beginning to lose its sign.

China, Brazil, Russia, South Africa are experiencing contraction in terms of strong economic growth under the Indian Prime Minister, Modi’s administration, though no one is willing to exclude this group yet, due to prevailing large untapped consumer markets. P&G stock price closed at 82.72 points, a gain of 50%,after this announcement.

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