Home / Knowledge / News / Textiles / Vinatex to start construction of $6.7 mn garment factory
Vinatex to start construction of $6.7 mn garment factory
24
Aug '15
Courtesy: Vinatex
Courtesy: Vinatex
The Vietnam National Textile and Garment Group (Vinatex) will begin construction of a $6.7 million garment factory in the central province of Quang Binh on August 25, it said in a statement.

The 6-ha plant in the Cam Lien Industrial Zone in Le Thuy District will have a capacity of eight million pieces a year, which it will export to key markets like the US, the EU, and Japan.

The first phase of the plant is scheduled to go on stream next March.

The project is part of Vinatex's plan to increase output to tap export opportunities expected to arise from various trade agreements the country is set to sign.

Last year Vinatex said it would invest $213.8 million in three projects in Quang Binh -- a fibre plant and a garment factory in Ba Don town and a garment plant in Quang Ninh District.

It also signed a memorandum of co-operation with the Quang Binh province for four other facilities -- research and development of cotton for its spinning mills, investment research for the construction of a fibre plant in Quang Ninh District, investment research for a fibre weaving and dyeing complex in Bac Quan Hau Industrial Park, and a feasibility study for building garment factories for exports in Le Thuy and Quang Trach Districts.

In March, Vinatex began construction of a fibre-weaving-dying complex in the central province of Quang Nam at a cost of $53.4 million. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

US commerce department finds dumping of low melt PSF

Textiles | On 20th Jun 2018

US commerce department finds dumping of low melt PSF

The US department of commerce (USDC) has announced affirmative final...

Courtesy: Aditya Birla

Textiles | On 20th Jun 2018

'Growth of VSF yarn industry is difficult'

Growth for the viscose filament yarn (VSF) yarn industry is...

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Apparel/Garments | On 20th Jun 2018

Comfort USP of Sensitive Fabrics range of Eurojersey Spa

Italian company Eurojersey Spa will present in 2019 new embossing...

Interviews View All

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Silke Brand-Kirsch
Schlegel und Partner

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search