Home / Knowledge / News / Apparel/Garments / Korean textile firms start factory construction in Vietnam
Korean textile firms start factory construction in Vietnam
01
Aug '15
South Korea's Panko group has started construction of a garment and textile factory in Vietnam's Tam Thang industrial zone in Tam Ky city, the central province of Quang Nam, according to reports in the Vietnamese media.

The factory is being built on an area of over 30 hectares with a total investment capital of $70 million and it is expected to employ about 15,000 workers.

The factory will specialise in producing clothing and textile products, dyeing, garment and textile materials. Each year, it will produce 24,000 tonnes of textile products, 24,000 tonnes of dyeing products, 75,000 tonnes of garment products and 30 million tonnes of material products.

On the same day, another Korean firm, Duck San Enterprise started work of a $10-million textile plant, covering 6.6 hectares. It has a capacity of 19,200 tonnes of fibre, cloth, textile and dyeing products each year.

Head of the management board of Chu Lai Open Economic Zone Do Xuan Dien said the two textile and garment-dyeing projects would help to attract investment from domestic and foreign firms to the Tam Thang industrial zone in the future.

"We have also invited investment in the garment and textile industry in the industrial zone as the province has assigned it as a major textile zone. The province also offers a skilled and competitive labour force," Dien said. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ritu Kumar
Label Ritu Kumar

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search