Home / Knowledge / News / Apparel/Garments / Vinatex to set up second garment factory in Kien Giang
Vinatex to set up second garment factory in Kien Giang
14
Mar '16

The Vietnam Textile and Garment Group (Vinatex) will set up its second garment factory in Kien Giang province at a cost of $91 million, Vietnamese media reports said.

The apparel factory will come up on 3.7 ha and will have a total capacity to produce 12 million pieces per year, once it goes operational in first quarter of 2017.

The factory is likely to create employment opportunities for 2,000 people in An Bien district, bringing in annual revenue of nearly $37 million.

Vinatex's first factory in Kien Giang went operational last year, providing jobs to around 2,000 people in Go Quao district.

The Group is increasing production capacity as part of its strategy to take greater advantage of the benefits under the Trans-Pacific Partnership, under which Vietnam garments can enter the US at zero-duty. (RKS)

 

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 28th Feb 2017

China's textile & apparel exports up 10.2% in Jan 2017

Exports of textiles and garments from China resumed growth in the...

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

View of YiwuTex 2016; Courtesy: YiwuTex

Textiles | On 28th Feb 2017

Smart knitting system to grace 18th YiwuTex 2017

The thematic functional knitting machinery zone at the 18th YiwuTex...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Giorgio Mantovani
Corman S.p.A

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Silvia Venturini Fendi
Fendi s.r.l

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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
February 2017

February 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