The Vietnam Garment and Textile Group (Vinatex) targets to raise its localization rate to 50% in 2011 from 44% last year. The group has recently spent VND15.3 billion ($801,886) on producing cotton, synthetic fiber and other accessories in a bid to fulfill the target. Vinatex has also cooperated with Cambodia and Myanmar’s partners in cotton [...]
State President Nguyen Minh Triet has hailed the efforts made by the Vietnam National Textile and Garment Group (Vinatex) to become the country’s spearhead export sector. “Over the past 15 years Vietnam’s garment and textile sector has turned the country into one of the top ten exporters of garments in the world,†said President Triet [...]
The Viet Nam National Textile and Garment Group (Vinatex) plans to build two large industrial parks specialising in textile and dye. The two IPs, each covering an area of 150ha, will be built in the Cuu Long (Mekong) Delta province of Tra Vinh and the northern province of Thai Binh. They aim to attract domestic [...]
The Vietnam Garment and Textile Group (Vinatex) will break the ground on a garment factory on Nov. 28 in Bac Giang province’s Son Dong district, where ethnic minority people account for 47 percent of the population. The VND42 billion factory is designed to have an output of 3.5 million units earning VND52 billion per year [...]
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