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

Apparel/Garments | On 1st Mar 2017

CMAI's Apparel Index for Q3 shows lowest growth at 1.4 pts

CMAI’s Apparel Index for the third quarter FY 2016-17 shows that the...

Courtesy: Carter

Apparel/Garments | On 1st Mar 2017

Kidswear retailer Carter’s acquires Skip Hop Holdings

US headquartered kidswear retailer Carter’s said it has acquired Skip ...

Courtesy: Lectra

Information Technology | On 1st Mar 2017

Lectra makes new strategy for fashion in Industry 4.0 era

Lectra, the world leader in integrated technology solutions, has...

Interviews View All

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Silke Brand-Kirsch
Schlegel und Partner

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

Lynda Kelly
Suominen Corporation

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

Eric Scholler
Groz-Beckert

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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
February 2017

February 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