The Vietnam
Textile and Garment Group (Vinatex) has inaugurated a new garment factory in the central province of Nghe An. The Vinatex Hoang Mai factory spans across 32,000 sq m and has been built at a cost of 127 billion dong ($5.7 million). In the first phase, the factory will produce 11 million tonnes of products, mainly for export to Japan.
The Vietnam Textile and Garment Group (Vinatex) has inaugurated a new garment factory in the central province of Nghe An. The Vinatex Hoang Mai factory spans across 32,000 sq m and has been built at a cost of 127 billion dong ($5.7 million). In the first phase, the factory will produce 11 million tonnes of products, mainly for export to Japan.#
The new factory will create employment opportunities for about 900 persons, according to Vietnamese media reports.
The Vietnam Textile and Garment Group (Vinatex) has inaugurated a new garment factory in the central province of Nghe An. The Vinatex Hoang Mai factory spans across 32,000 sq m and has been built at a cost of 127 billion dong ($5.7 million). In the first phase, the factory will produce 11 million tonnes of products, mainly for export to Japan.#
Vinatex has set a target to increase its export turnover by 10 per cent this year to $2.6 billion. To achieve this, the group is supporting its subsidiaries in
trade promotion to export markets.
The Vietnam Textile and Garment Group (Vinatex) has inaugurated a new garment factory in the central province of Nghe An. The Vinatex Hoang Mai factory spans across 32,000 sq m and has been built at a cost of 127 billion dong ($5.7 million). In the first phase, the factory will produce 11 million tonnes of products, mainly for export to Japan.#
In 2015, Vinatex's exports stood at $2.37 billion, while the group's pre-tax profit was 628 billion dong. (RKS)
The Vietnam Textile and Garment Group (Vinatex) has inaugurated a new garment factory in the central province of Nghe An. The Vinatex Hoang Mai factory spans across 32,000 sq m and has been built at a cost of 127 billion dong ($5.7 million). In the first phase, the factory will produce 11 million tonnes of products, mainly for export to Japan.#
Fibre2Fashion News Desk – India
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