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Vinatex Mart to turn into apparel retail group

06 Jul '10
1 min read

On July 4, Vietnam Textile and Garment Group (Vinatex) launched the Vietnam Textile Garment Fashion One Member Company Ltd. The new firm has been set up to transfer functionaries of the Vietnam Fashion Company under Vinatex.

Post a decade of its establishment, the Vietnam Fashion Company's Vinatex Mart supermarket system, as of today comprises of 56 points of sale across 24 provinces and cities, across the nation, including far-off and remote areas.

The key focus of Vietnam Textile Garment Fashion One Member Company Ltd is to turn in to country's leading textile apparel retail group and also be in the list of top three retail groups of the country.

The new firm will also develop a state-of-the-art retail system, which will supply products to localities pan-country, via 200 shops, trade centres, super markets and wholesalers, while also establishing the Vinatex Fashion brand name for Vietnamese fashion textiles and apparels.

ALCHEMPro News Desk - India

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