29 May 07 Tata Steel and Vietnam Steel joint venture

Tata Steel has informed the stock exchanges that it has signed a MOU with Vietnam Steel Corporation for a steel project in Vietnam. The proposed steel project will come up in Ha TinhÃ‚Â province in Vietnam. This new project will be a huge boost to Tata Steel and will enhance the production capacity of Tata Steel leveraging on the cheap labour available in the Ha TinhÃ‚Â province in Vietnam.

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