Home / Knowledge / News / Textiles / Chinese firm inks JV for textile plant in Vietnam
Chinese firm inks JV for textile plant in Vietnam
09
Nov '12
Chinese textile firm Sunrise Shengzhou has inked a joint venture agreement with Vietnam-based Thien Nam Investment and Development JSC to facilitate establishment of a joint venture weaving, knitting plant in Bao Minh Industrial Park in northern Nam Dinh Province in North Vietnam.
 
Establishment of the new facility - Thien Nam Sunrise Textiles JSC, would necessitate an investment of US$ 24 million, Viet Nam News reported.
 
The plant would have a capacity to produce one million metres of woven fabrics and 300 tons of knitting fabrics per month, it added.
 
As one of the Vietnam’s leading spinning enterprises, Thien Nam operates four spinning units jointly housing about 150,000 spindles with an annual production capacity of 25,000 tons of yarn.
 
Retaining only 30 percent of its produce for domestic market, the firm exports the rest of its production to foreign markets like Brazil, South Korea, Turkey, China and Indonesia.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Swedfund

Textiles | On 27th May 2016

Swedfund to pilot new textile factory in Ethiopia

Swedish govt-owned development financier Swedfund and the Bangladeshi ...

Textiles | On 27th May 2016

Egypt signs deal with China to set up textile zone

Egypt and China signed a framework agreement earlier this week on to...

Textiles | On 27th May 2016

CAI pegs cotton output at 341.5 lakh bales this season

The Cotton Association of India (CAI) has projected India’s cotton...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

What is the influence of foreign trends and designs on Indian fashion?

Nuno Venda
ROQ

What are the key trends and innovations in textile printing? From which...

Evelyne Cholet
UCMTF

Which regions are the largest importers of French textile machines? What...

Urs Stalder
Sanitized AG

<b><i>Urs Stalder, CEO, Sanitized AG, talks about the increasing use of...

Larry L Kinn
Suominen Corporation

<b><i>Larry L Kinn, Senior Vice President - Operations Americas of...

Marten Alkhagen
Swerea IVF AB

<b><i>Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Yash P. Kotak
Bombay Hemp Company

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

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
May 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search