dinh vu polyester plant teetering on brink of bankruptcy

Dinh Vu polyester plant teetering on brink of bankruptcy

The failing state-funded Dinh Vu polyester plant invested by PetroVietnam Petrochemical and Textile Fiber JSC (PVTex), a joint venture of PetroVietnam and Vietnam National Textile and Garment Group (Vinatex), will be pushed to the brink of bankruptcy if foreign investors refuse to co-operate with PVTEX to revise the plant’s operations.
low emission energy technology sole lifeline of textile and garment sector

Low-emission energy technology: sole lifeline of textile and garment sector

The World Bank has officially introduced a $312.5-million loan package as part of the project themed “Vietnam Energy Efficiency for Industrial Enterprises” (VEEIE) to provide Vietnamese textile and garment enterprises capital to modernise equipment to save energy.
vinatex looking for heavyweight investors

Vinatex looking for heavyweight investors

Vietnam National Textile and Garment Group (Vinatex) has proposed the prime minister to allow the company to divest all state-owned capital as a measure to resolve difficulties in business.
pm urges vinatex reform

PM urges Vinatex reform

Prime Minister Nguyễn Xuân Phúc has urged the Việt Nam National Textile and Garment Group (Vinatex) to undertake comprehensive reform to develop its production and business. The message was conveyed yesterday to Vinatex by a working group led by Government Office Chirman Mai Tiến Dũng.
textile and clothing firms reluctant to implement industry 40 practices

Textile and clothing firms reluctant to implement Industry 4.0 practices

The textile and garment sector is forecast to benefit greatly from the technologies of Industry 4.0 – businesses in the sector, however, remain indifferent to the changing tide.
textile sector growth surges

Textile sector growth surges

The textile and garment sector enters the second quarter (Q2) of this year with promising signs from new import markets, said General Director of the Viet Nam Textile and Garment Group (Vinatex) Le Tien Truong.
textile and garment see resurgence of capital flows

Textile and garment see resurgence of capital flows

After a period of stagnation, capital inflows into the textile and garment industry have started pouring back, continuing to expand existing projects, with a focus on deeper exploitation of existing export markets.
work begins on rang dong iz

Work begins on Rang Dong IZ

Construction of Rang Dong Industrial Zone (IZ), a large-scale zone dedicated to the textile and garment industry, starts on Tuesday in the northern province of Nam Dinh.
vinatex and itochu sign strategic co operation agreement

Vinatex and Itochu sign strategic co-operation agreement

Viet Nam Textile and Garment Group (Vinatex) on Monday signed a strategic co-operation agreement with Japanese firm Itochu, witnessed by PM Nguyen Xuan Phuc and his Japanese counterpart Shinzo Abe in Ha Noi.
vinatex back to square one

Vinatex back to square one

Thanks to a positive trading session today, Vietnam National Textile and Garment Group (Vinatex) (UPCoM: VGT) closed the first week of trading at the same price level as it started on the market.
minister urges vinatex towards better efficiency in 2017

Minister urges Vinatex towards better efficiency in 2017

Deputy Minister of Industry and Trade Cao Quoc Hung has urged the Vietnam National Textile and Garment Group (Vinatex) to improve its value chain and operate more efficiently in 2017.
jsc opens big warehouse in binh duong

JSC opens big warehouse in Binh Duong

New Land Viet Nam – Japan Joint-Stock Company (New Land VJ JSC) on Dec 14 has opened a two-hectare warehouse at the Binh An Textile and Garment Industrial Park in Di An Town of Binh Duong Province.
vinatex invested pho noi b fined for polluting the environment

Vinatex-invested Pho Noi B fined for polluting the environment

Pho Noi B Textile Industrial Zone (IZ), invested by a member of state-run Vietnam Textile and Garment Group, continues to ignore the government’s environmental protection regulations.
textile industry urged to develop supply chain

Textile industry urged to develop supply chain

Vietnamese textile and garment companies should focus more on developing their supply chain to enable them to capitalise on opportunities arising from free trade agreements, a panel discussion heard in HCM City this week.
vn firms invest in textile dyeing

VN firms invest in textile, dyeing

Many textile and garment enterprises are investing in textile and dyeing complexes to ensure material for sustainable development, Vietnam Television (VTV)reported recently.