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

Textiles | On 25th Apr 2017

Greater Manchester is high on its textiles industry

Greater Manchester is witnessing a boom in textiles industry with 77...

Apparel/Garments | On 25th Apr 2017

Indian trade leaders to discuss GST, digital payments

Trade leaders from various Indian states will meet in New Delhi to...

Apparel/Garments | On 25th Apr 2017

Foreign buyers paying less for green factory apparel

International buyers are not paying enough for apparel and garments...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eric Scholler
Groz-Beckert

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Pranav Mishra
Huemn

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

Silvia Venturini Fendi
Fendi s.r.l

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

Yash P. Kotak
Bombay Hemp Company

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

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search