Interviews
News Flash
VTEC to build Garment Complex worth $18 mn
09 Oct '07
1 min read
Viet Tien Garment Export and Import Corporation (VTEC), country's one of the largest apparel manufacturing company, has decided to build a garment complex at Dong-Nam economic zone in central Nghe An Province.
The project will require an investment of around VND300 billion (US $18.8 million).
An official source of the company imformed that clothing manufactured here are especially for the export purposes. With this VTEC will be able to provide employment to more than 1000 local labours.
The Ho Chi Minh-based company, targets to fetch revenue of VND1.25 trillion (US $78 million) in 2008 and increase its funds to VND250 billion in the next two years from the current of VND230 billion.
The project will require an investment of around VND300 billion (US $18.8 million).
An official source of the company imformed that clothing manufactured here are especially for the export purposes. With this VTEC will be able to provide employment to more than 1000 local labours.
The Ho Chi Minh-based company, targets to fetch revenue of VND1.25 trillion (US $78 million) in 2008 and increase its funds to VND250 billion in the next two years from the current of VND230 billion.
Fibre2fashion News Desk - Vietnam
Popular News
Leave your Comments
Editor’s Pick
Pratik Gadia
The Yarn Bazaar - Filosha Infotech Private Limited
Kimberly Morgan and Rik Veltman
K3 Business Technology Group PLC
Dr. Sameer Sood
National Institute of Fashion Technology
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
