In 2016, Garco 10 contributed around 59 billion dong to the nation’s budget. This amount was 24 per cent higher than the amount paid in the previous year, according to Vietnamese media reports.
This year, the company is aiming to earn revenue of 3.1 trillion dong, and thereby make a profit of 62.5 billion dong. For this, the company will take initiatives to adopt austerity measures, prioritise product quality, improve labour productivity and enhance corporate governance.
Employing over 9,000 persons, Garco 10 produces around 21 million pieces annually, of which more than 80 per cent are exported, mainly to the US, the EU, Japan and Hong Kong. (RKS)
Fibre2Fashion News Desk – India
| On 28th May 2022
The US economy will continue to expand for the rest of this year, the ...
| On 28th May 2022
Garment exports from Sri Lanka stood at $1360.6 million in...
The Nordic Swan Ecolabel, the official ecolabel of the Nordic...
Increase foreign exchange and create jobs
Water use efficiency remains relatively unexplored
Uniform designing is a numbers game
Zetwerk Manufacturing Businesses Pvt Ltd is the largest global...
Leanne Elliot – Young
Forging the future of digital discourse, the Institute of Digital Fashion...
<div style="text-align: justify;"><font face="Calibri,...
Fitesa is a leader in the nonwoven fabrics industry, specialising in...
Wearable Technology Lab, University of Minnesota
A new study led by researchers at the University of Minnesota's Design of...
Thomas Ong P S
Malaysian company NanoTextile Sdn Bhd taps into the potentials of...
Label Gavin Miguel
Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...
Label - Timna Weber
London-based sustainable high-end eponymous womenswear label, by designer...
Label Manish Malhotra
A multitalented designer and founder of an eponymous label, Manish...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.