Home / Knowledge / News / Apparel/Garments / Vinatex's earnings grow in Jan-Feb 2012
Vinatex's earnings grow in Jan-Feb 2012
19
Mar '12
Vietnam National Textile and Garment Group (Vinatex), Vietnam's largest garment manufacturer and exporter, has posted a revenue (VAT excluded) of 6.402 trillion dong during the first two months of the current year, registering an increase of 13 percent year-on-year.

In February 2012, Vinatex produced goods worth 2.6 trillion dong, taking the total production during the initial two months of the current year to 4.795 trillion dong, showing a year-on-year rise of 8 percent.

The Group said about 70-80 percent of Vinatex's member companies have already received adequate export orders to last until the end of March. It added that some firms have received sufficient orders for second and third quarters. However, these companies are finding it difficult to bag orders with large quantity.

Last year, Vinatex grossed export revenue of US$ 2.4 billion, registering a rise of 26 percent year-on-year.

Vinatex contributes about 17 percent to Vietnam's overall textile and garment industry exports.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Bangladesh Bank

Apparel/Garments | On 22nd May 2018

Bangladesh Bank enhances EDF loan limit to $25 million

Bangladesh Bank has enhanced the loan limit under Export Development...

Sri Lanka's textile imports up 32.5% in February 2018

Textiles | On 22nd May 2018

Sri Lanka's textile imports up 32.5% in February 2018

In what might be an indication of higher exports in the coming...

Provide power at Rs 8/kWh to textile units: APTMA

Textiles | On 22nd May 2018

Provide power at Rs 8/kWh to textile units: APTMA

All Pakistan Textile Mills Association (APTMA) has asked the...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search