Minister of Industry approved issue of equity share of Viet Thang Textile Company, officials from MOI said.
Once a joint stock company, Viet Thang has capital of $8.7 million of which state owns 52.14 percent.
Viet Thang mainly deals in production, import, export and trading of cotton, fibre, threads, yarn and other materials for apparel productions.
Fibre2fashion.com News Desk-Vietnam