Home / Knowledge / News / Press Release / Coats celebrates 30th anniversary in Vietnam

Coats celebrates 30th anniversary in Vietnam

24
Oct '19
Pic: Coats
Pic: Coats
Coats, the world’s leading industrial thread company, celebrated 30 years of operating in Vietnam on October 21. From a single small factory in Ho Chi Minh City 30 years ago, Coats has expanded its operations to major cities across Vietnam and Cambodia. The recent expansion of the Hung Yen site in Vietnam has increased Coats' capacity further.

The milestone recognises the highly successful joint venture between Coats and Phong Phu Corporation which was established in 1989. "The business we have developed in Vietnam is a flagship operation for Coats. Its location within a major global apparel sourcing hub provides a strong geographic advantage. However, it is the close and collaborative relationship with our joint venture partner Phong Phu Corporation that has helped make it the success that it is today," said Rajiv Sharma, group chief executive, Coats.

Part of the 30th anniversary celebrations included the formal opening of a new rooftop solar power generation unit at the Ho Chi Minh site. The solar power generation unit is both one of the first and largest installed within the textile industry in Vietnam. The generation capacity will be 1 Megawatt.

Bill Watson, managing director, Coats Vietnam, said: "Integrating renewable sources of energy, like our new solar power generation unit, into our operations is important for our business in Vietnam and also supports the wider Coats priority to put sustainability at the heart of our company strategy. We will be looking at every opportunity to increase our sustainability further to see us through the next 30 years, and beyond."

Coats Phong Phu has an extensive community engagement programme to achieve its objective of creating long-term, real benefits for the communities surrounding it, as well as the environment. It supports the Ta Oi people in the mountainous region of A Luoi in central Vietnam by supplying them with excess threads to help sustain ancient weaving traditions. The woven textiles are sold to designers of ethical products which supports further economic development. Other projects include renovating local primary schools, providing computers and books to students and installing clean water supply systems for citizens in Ninh Thuan, a province in south east Vietnam.

Fibre2Fashion News Desk (RKS)


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 6th Dec 2019

RMG units open in Cambodia despite risk of EBA deal loss

Garment units continue to open in Cambodia despite the looming threat ...

Pic: Shutterstock

E-commerce | On 6th Dec 2019

Europe continues to dominate global e-com ranking: UNCTAD

Europe remains by far the most prepared region for e-commerce, with...

Pic: Shutterstock

Apparel/Garments | On 6th Dec 2019

58 RMG units set up in Bangladesh in Jan-Oct 2019

Fifty eight new garment factories have been set up in Bangladesh...

Interviews View All

Top executives, Textile industry, India

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Top executives, Textile & apparel bodies

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Varinder Singh Jawanda, Trendy Bharat

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Francesco Gozio,

Francesco Gozio

Italian company Marzoli is a leading manufacturer of the complete line of...

Paolo Crespi,

Paolo Crespi

Japan's Epson, a leader in digital textile printing, Italy's For.Tex, a...

Karen Lou,

Karen Lou

Australia-based Sunseeker has been creating swimwear since 1970. Sunseeker ...

Robert Erichsen, Statex Produktions & Vertriebs GmbH

Robert Erichsen
Statex Produktions & Vertriebs GmbH

Statex Produktions & Vertriebs Gmbh, founded in 1978 and headquartered ...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

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

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Yash P. Kotak, Bombay Hemp Company

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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

Leave your Comments


December 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search