Vinatex faces damage of $43 million due to COVID-19

Vinatex faces damage of $43 million due to COVID-19 1

Even if COVID-19 is brought under control by May, the textile and garments industry will take a damage of $480 million, with Vinatex taking $43 million.
Complying with origin rules critical for garment exports

Complying with origin rules critical for garment exports

To take advantage of free trade agreements and expand exports, meeting rules of origin is crucial for the garment and textile sector, industry insiders have said.
Investigation into PetroVietnam losses in Dinh Vu polyester

Investigation into PetroVietnam losses in Dinh Vu polyester

The Haiphong agency has requested PetroVietnam to comply with the investigation into its deals related to PVTex and Dinh Vu polyester plant.
Vinatex liabilities stand at 62.6 per cent of total assets

Vinatex liabilities stand at 62.6 per cent of total assets

Despite good export performance and Itochu getting on board, Vinatex has not managed to reduce liabilities.
Large land bank may lure investors to Hanosimex?

Large land bank may lure investors to Hanosimex?

Owning numerous large-scale land plots may attract investors to Hanosimex for its listing on the Unlisted Public Company Market (UpCOM).
Foreign investors turn to M&A to increase SOE holdings

Foreign investors turn to M&A to increase SOE holdings

Foreign investors at state-owned firms are looking to increase their holdings via M&A deals to solidify their footholds in Vietnam.
Ten divestments in spotlight for 2018

Ten divestments in spotlight for 2018

After 2017’s significant state capital divestment deals, the Vietnamese market is expected to see some of the most anticipated sales in 2018.
Fibre makers bring  synergy to textile and garment sector

Fibre makers bring synergy to textile and garment sector

Vietnam’s growing textile and garment sector is known as a bustling, labour-intensive producer of profitable exports - but one that still needs to heavily rely on imported raw materials.
Vinatex unravels its business positions

Vinatex unravels its business positions

Leading textile and garment group Vinatex is ramping up efforts to divest from non-core businesses.
Firms busy reinventing the wheel

Firms busy reinventing the wheel

This change can create a new leadership style and support the firm’s business performance and strategy. Staff restructuring also means a change in corporate culture, allowances and talent management?
Vinatex stitches up shake-up plan

Vinatex stitches up shake-up plan

Leading garment maker Vinatex is mulling a comprehensive shake-up plan to bolster efficiency.
Vinatex IPO plan unravels

Vinatex IPO plan unravels

Vietnam’s largest state textile-garment group faces a tough ask to go public on schedule in late 2012.
Vinatex mulls performance plans

Vinatex mulls performance plans

Vinatex will strive to finalise its divestment plan from non-core businesses before the end of 2013. “Vinatex’s investment portion into non-core businesses is low compared to some other state groups.
Garment firms get the right fit

Garment firms get the right fit

Business acquisitions are increasingly popular in the local garment sector, with Vinatex in negotiations for the sector’s third acquisition this year.
Market proves tough to corner

Market proves tough to corner

Vinatex mart is still striving for a greater slice of the home market.
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