The Vietnam National Garment and Textile Group, or Vinatex recently finalised its investment orientation strategy for the apparel sector up until 2020 with a total investment of up to 42.95 trillion dong ($2.1 billion), marking the highest level ever. Le Tien Truong, deputy general director of Vinatex, said that this amount of investment is for [...]
The Viet Nam National Textile and Garment Group (Vinatex) plans to invest US$2.1 billion over the next 10 years to set up facilities to make polyester yarn and other raw materials and increase local content in its products. The country’s biggest garment firm – it employs more than 2 million – will set them up [...]
In the first six months of this year, Vietnam National Textile and Garment Group (Vinatex)’s total revenue saw a growth of 33% from the same period last year, Tran Quang Nghi, the group’s general director said on June 24. The group’s export also increased 32% year on year and domestic consumption reached 8.3 trillion dong, [...]
Vietnam National Textile and Garment Group (Vinatex) and Japan’s Marubeni Corporation signed a memorandum of understanding (MoU) on strategic cooperation in Hanoi on May 10, paving the way for further trade exchange between the two countries. Signatories were Le Tien Truong, Deputy General Director of Vinatex and Kasuhita Yabe, Head of Garment Department of Marubeni [...]
Textile group Vinatex will send a delegation to Taiwan (China) to offer investment chances in its new industrial zone, said Vinatex Investment Joint Stock Company General Director Vuong Tran Lam. Lam said the delegation will meet with more than 50 enterprises from the Taiwan Association of Computational Mechanics, Taiwan Textile Federation and other manufacturers of [...]
Le Quoc An – chair of the Vietnam National Textile and Garment Corporation (Vinatex) said its members are promoting the strategy of developing domestic markets aimed at increasing the retail revenue by 17 percent-20 percent per year. He added that the corporation has enjoyed estimated total retail revenue in the domestic market of 6 trillion [...]
Subscribe via Email 
Subscribe in a Reader 
Follow us on Twitter 
Connect on Facebook
China Business News