Construction begins on garment factory in Tuyen Quang

Oct 8th at 15:11
08-10-2015 15:11:42+07:00

Construction begins on garment factory in Tuyen Quang

Viet Nam National Textile and Garment Group (Vinatex) yesterday commenced construction of its new garment factory, worth VND130 billion (US$5.8 million), in the northern province of Tuyen Quang's Son Duong District.

The five-ha factory, which will comprise 40 production lines, is expected to generate an annual revenue of VND800 billion ($35.6 million).

Its construction is divided into two phrases, with the first to be operational in the first quarter of 2016, while the second will start in early 2017.

bizhub



NEWS SAME CATEGORY

Taking a loss like Coca Cola

In February 1994, Coca Cola began doing business in Vietnam after the US lifted the trade embargo against Vietnam, with initial investment capital of $163 million...

Wood fair focuses on competitiveness

Discussions during the four-day bi-annual Vietnam International Woodworking Industry Fair in mid-October are expected to help producers improve competitiveness when...

Steelmakers seek rules enforcement

The Viet Nam Steel Association (VSA) recently asked relevant ministries and sectors to revoke the licences of nearly 30 steel projects that have not implemented...

Govt urges firms to boost quality

The Ministry of Industry and Trade urged businesses to concentrate on free trade agreements' norms in quality and food hygiene amid slump in exports of agriculture...

German technology drives green energy development

Vietnam and Germany are boosting their energy development co-operation, with the latter committing to support the former in improving energy-related policies which...

Concerns persist despite soaring fibre export

Vietnam saw exponential growth in fibre production in recent years, but up to 70 per cent of local fibre productivity must be exported due to poor performance in...

Construction starts on $2.9m sika deer antler velvet processing plant

Works on a US$2.9 million sika deer antler velvet processing plant in Thach Ha district, central Ha Tinh province began October 4.

Ministry wants inefficient steel projects terminated

The Viet Nam Steel Association (VSA) recently asked relevant ministries and sectors to revoke the licences of nearly 30 steel projects that have not implemented...

Chemical sector restructuring to boost exports

The chemical industry was under an overhaul with an aim to boost exports of high value products.

Foreign furniture firms shift businesses to Viet Nam

A number of foreign furniture firms have shifted their businesses from Indonesia to Viet Nam since early this year.


MOST READ


Back To Top