Home / Knowledge / News / Textiles / Taiwanese company to produce jacquard fabrics in Vietnam
Taiwanese company to produce jacquard fabrics in Vietnam
29
Dec '16
Taiwanese manufacturer of accessories like shoe laces and elastic tapes, Taiwan Paiho Ltd is planning to invest $50 million in setting up a manufacturing facility in Vietnam. The plant to be managed by Paiho’s Vietnamese subsidiary, Paiho Shih Holdings Corp would mainly produce jacquard knitted fabrics destined for export to various countries.

“The company will install 42 machines at the new plant, which is scheduled to begin commercial production the last quarter of 2017 and plans to install 350 such machines within the next five years,” Taiwanese media reported.

After analysing various factors like transportation costs and tariffs of various Southeast Asian countries, the Taiwanese company zeroed in on Vietnam to set up the plant.

According to Paiho Shih chairman Cheng Kuo-yen, producing jacquard warp-knitted fabrics is projected to help it enhance its presence in the shoe material market, since there is an increasing demand for the fabrics from shoe manufacturers from across the globe. (AR)

Fibre2Fashion News Desk – India


Interviews View All

Victor Chao, Esmetex

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Kaizad Hansotia, GetNatty

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Rahul Bhadani, Looksgud

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Franco Ravazzi,

Franco Ravazzi

Italy-based Tessimenti E Orditi Tinti (T.O.T SRL) specialises in stocking...

Tom,

Tom

<div>Inkbank is a leading supplier of inkjet inks and inkjet printing...

Ravindra Jain, Ashish Baid,

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Mark Brill, Birmingham City University (BCU)

Mark Brill
Birmingham City University (BCU)

<div>A technological breakthrough could see people getting messages about...

Urs Stalder, Sanitized AG

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Silke Brand-Kirsch, Schlegel und Partner GmbH

Silke Brand-Kirsch
Schlegel und Partner GmbH

<div>Schlegel und Partner is the market research and consultancy company...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

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

Chandani Sahi, By Chandani

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

Robert Brunner, Devereux

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search