Vinatex opens new garment factory in Nghe An

The Vietnam Textile and Garment Group (Vinatex) has inaugurated a new garment factory in the central province of Nghe An. The Vinatex Hoang Mai factory spans across 32,000 sq m and has been built at a cost of 127 billion dong ($5.7 million). In the first phase, the factory will produce 11 million tonnes of products, mainly for export to Japan.

 

The Vietnam Textile and Garment Group (Vinatex) has inaugurated a new garment factory in the central province of Nghe An. The Vinatex Hoang Mai factory spans across 32,000 sq m and has been built at a cost of 127 billion dong ($5.7 million). In the first phase, the factory will produce 11 million tonnes of products, mainly for export to Japan.#

The new factory will create employment opportunities for about 900 persons, according to Vietnamese media reports.

 

The Vietnam Textile and Garment Group (Vinatex) has inaugurated a new garment factory in the central province of Nghe An. The Vinatex Hoang Mai factory spans across 32,000 sq m and has been built at a cost of 127 billion dong ($5.7 million). In the first phase, the factory will produce 11 million tonnes of products, mainly for export to Japan.#

Vinatex has set a target to increase its export turnover by 10 per cent this year to $2.6 billion. To achieve this, the group is supporting its subsidiaries in trade promotion to export markets.

 

The Vietnam Textile and Garment Group (Vinatex) has inaugurated a new garment factory in the central province of Nghe An. The Vinatex Hoang Mai factory spans across 32,000 sq m and has been built at a cost of 127 billion dong ($5.7 million). In the first phase, the factory will produce 11 million tonnes of products, mainly for export to Japan.#

In 2015, Vinatex's exports stood at $2.37 billion, while the group's pre-tax profit was 628 billion dong. (RKS)

 

The Vietnam Textile and Garment Group (Vinatex) has inaugurated a new garment factory in the central province of Nghe An. The Vinatex Hoang Mai factory spans across 32,000 sq m and has been built at a cost of 127 billion dong ($5.7 million). In the first phase, the factory will produce 11 million tonnes of products, mainly for export to Japan.#