Home / Knowledge / News / Textiles / VINATEX pours money in real estate
VINATEX pours money in real estate
03
Mar '08
Recently, Vietnam National Textile and Apparel Group – (VINATEX) launched its real estate company named Vinatex Land, with an investment of VND 300 billion, to handle infrastructure projects for further development of the textile industry.

Shareholders of the Vinatex Land are leading textile and apparel companies of Vietnam, including Vinatex, Phong Phu Corp, Hanosimex.

According to an official of VINATEX, investments into real estate will help earn more money which will be re-invested into textile and garment fields of the Group as well as to improve financial capacity of Vietnamese textile and apparel industry.

At the same time, VINATEX has also signed complete cooperation agreement with Vietnam Exim Bank to develop all aspects between two organizations.

Fibre2fashion News Desk - Vietnam

Must ReadView All

Textiles | On 26th Apr 2017

Kering's consolidated revenue growth rises 31.2% in Q1

The consolidated revenue growth for luxury group Kering for the first ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

Gap, Athleta to increase use of sustainable fibres

Gap, one of the world's most iconic apparel and accessories brand and ...

Interviews View All

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Amit Jain
Shingora Textiles Ltd

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

Steve Cole
Xerium Technologies

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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
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