Textile firms optimistic in the beginning of the year
Textile firms optimistic in the beginning of the year
Textile enterprises have a more positive production outlook compared to last year, as many enterprises reported that they have stable orders from now until the end of the first and second quarters, Truong Van Cam, vice chairman of the Viet Nam Textile and Apparel Association, told Vietnam Plus.
Right after the end of the Tet holiday, textile industry labourers have come back to work with a energetic impetus to work and determination to complete targets set for the year.
At the Garment 10 Corporation, more than 12,000 members have immediately started work.
The company’s number of employees has not changed much compared to previous years, which shows that this year will continue to be a year of stability and efficiency, according to the corporation.
The corporation aims to earn a revenue of VND3.1 trillion with a profit of VND62.5 billion and an average income of over VND7.3 million a person per month this year. Also, at the Nam Dinh Garment JSC (Nagaco), Pham Minh Duc, director of the company said that although the textile industry faced many difficulties last year, the company remained stable and completed set goals.
The company has orders till June and many factories have orders for all of the year, he said.
Last year, the world’s garment and textile market had many difficulties that affected exports, but with the efforts of the officials and employees in the whole system, Duc Giang Corporation said they completed set goals with a revenue of VND2.8 trillion, a year-on-year increase of 10 per cent.
The corporation strives to keep the 10 per cent growth target this year. To accomplish the goal, Hoang Ve Dung, chairman of the corporation board of directors, said that the corporation set solutions including market expansion, trade promotion, core product focus, domestic market expansion and development of distribution systems.
