Home / Knowledge / News / VTEC achieves respectable turnover in H1
VTEC achieves respectable turnover in H1
30
Aug '08
Viet Tien Garment Company (VTEC) could fetch turnover of VND 600 billion and around VND 28 billion pre-tax profit in the first half of the year.

Six monthly business report from the company shows that, VTEC has reached 48 percent of its whole fiscal year set target of VND 1.250 billion.

Pre-tax profit was VND 28 billion which accounts to 53 percent of the target whereas after-tax of VND 22 billion made up to 53 percent as planned.

Market analysts are of the opinion, VTEC's business activities were hampered by price fluctuation and especially by strong hike in price of materials, fuel costs etc.

However, to stabilize the situation, VTEC has taken initiatives like enhancing management, exploiting market, thoroughly applying comprehensive saving measures, increasing productivity.

Fibre2fashion News Desk - Vietnam

Must ReadView All

Apparel/Garments | On 5th Dec 2016

EC proposes new tax rules to support e-commerce in EU

The European Commission (EC) has unveiled a series of measures to...

Apparel/Garments | On 5th Dec 2016

Traders to intensify adoption of digital payments

Adoption of digital payments in their existing business format would...

Textiles | On 5th Dec 2016

US textile & apparel exports down 6.44% in Jan-Sept ’16

The exports of textile and apparel from United States were down 6.44...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

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

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Eric Scholler
Groz-Beckert

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marcel Alberts
Eurofibers

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

Ritu Kumar
Label Ritu Kumar

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

Silvia Venturini Fendi
Fendi s.r.l

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search