Vinatex Investment and Development Company (Vinatex IDC), a subsidiary of Vietnam National Textile and Garment Group (Vinatex), has commenced construction of a new garment factory at Thanh Loc Industrial Zone in the southern province of Kien Giang, this month.
Vinatex Investment and Development Company (Vinatex IDC), a subsidiary of Vietnam National Textile and Garment Group (Vinatex), has commenced #
The new clothing factory will be built on an area of 36,500 sq m at a cost of 150 billion dong (about US$ 7.05 million).
Vinatex Investment and Development Company (Vinatex IDC), a subsidiary of Vietnam National Textile and Garment Group (Vinatex), has commenced #
The Kien Giang factory is part of the ‘300 sewing lines’ project assigned to Vinatex by the Government of Vietnam.
Vinatex Investment and Development Company (Vinatex IDC), a subsidiary of Vietnam National Textile and Garment Group (Vinatex), has commenced #
It is also part of Vinatex’s strategy to reach $5 billion in export turnover by 2016.
Vinatex Investment and Development Company (Vinatex IDC), a subsidiary of Vietnam National Textile and Garment Group (Vinatex), has commenced #
When operational, the Kien Giang apparel factory is expected to employ 2,225 people, and generate 200 billion dong in revenue, while contributing 2.3 billion dong to the state’s exchequer.
Vinatex Investment and Development Company (Vinatex IDC), a subsidiary of Vietnam National Textile and Garment Group (Vinatex), has commenced #
In 2013, Vinatex’s garment and textile exports increased by 12 percent year-on-year to $2.9 billion.
Vinatex Investment and Development Company (Vinatex IDC), a subsidiary of Vietnam National Textile and Garment Group (Vinatex), has commenced #
Currently, the Group is focusing on producing and exporting high-quality textile and clothing products, and reducing the use of imported materials.
Vinatex Investment and Development Company (Vinatex IDC), a subsidiary of Vietnam National Textile and Garment Group (Vinatex), has commenced #
Fibre2fashion News Desk - India