Home / Knowledge / News / Apparel/Garments / Sai Gon Garment intends to invest in Bach Tuyet
Sai Gon Garment intends to invest in Bach Tuyet
02
Feb '11
Bach Tuyet Cotton Corporation (BBT) is running short of capital to develop its business. The corporation has decided to raise its charter capital from VND168 billion to VND250 billion which is equivalent to US $11.9 million. Owing to the high lending rates, it had to undergo loss in 2010.

Sai Gon Garment Manufacturing Trading Company, at present, is waiting for the consent from Bach Tuyet after an investment proposal was made by the trading company.

In 2010, a pre-tax profit of VND37.5 billion ($1.8 million) has been realized by Sai Gon Garment Company and an annual turnover of VND631 billion ($30 million). For 2011, the company has set a revenue target of VND650 billion ($31 million) and a profit target of VND40 billion.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Textiles | On 20th Jan 2017

Xeros to focus on textile sector to develop technology

Xeros technology group plc, the developer and provider of patented...

Apparel/Garments | On 20th Jan 2017

Nine West acquiring womenswear marketer Kasper Group

US based footwear, accessories and denim company Nine West Holdings...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search