Home / Knowledge / News / GIDITEX forays into real estate
GIDITEX forays into real estate
23
Jan '08
Gia Dinh Textile and Garment Corporation (GIDITEX) has recently joined hands with Sai Gon Garment No.3 and Khang Thong Co, Ltd to establish Gia Dinh Development and Investment JSC, in a bid to develop real estate projects.

GIDITEX, which mainly works into the areas of industrial, textile and garment equipment, machine, material, accessories, is planning a US $43.7 million Trade center and a $31 million fashion designing center in Ho Chi Minh City.

The Ho Chi Minh City based company intents to pour in further finances to set up other high buildings as a strategy to deploy the unused land areas of Sai Gon Garment No.3 and Khang Thong Co.

In recent times, investing in real estate has become a trend among textile and garment companies in Vietnam, as they have land areas at good locations in big cities across the country.

Fibre2fashion News Desk - Vietnam

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Marcel Alberts
Eurofibers

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Robert Brunner
Devereux

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

Ritu Kumar
Label Ritu Kumar

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
March 2017

March 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