
KUALA LUMPUR (Nikkei Markets) -- Top Glove, the world's largest rubber gloves maker, plans to spend 100 million ringgit ($25.5 million) to build a plant in Vietnam as China operations cost escalates amid robust global demand, its chairman said Friday.
"Production cost in China is not cheap anymore," Lim Wee Chai said at a news conference. "The cost of gas is 30% higher than Malaysia."