Related Keywords: business method, developing sustainable retail distribution network, enjoy long term benefit, from Cut, Itochu Japanese firm, Itochu to help Vinatex, Make, make a change in textiles and garment production, signed strategic cooperation agreement, to Free on Board, Trim, Vietnam Textile and Garment Group, Vinatex
Vietnam Textile and Garment Group (Vinatex) signed a strategic co-operation agreement with Itochu, a Japanese firm, where Itochu is expected to help Vinatex make a change in textiles and garment production and business method from Cut—Make—Trim to Free on Board, developing a sustainable retail distribution network to enjoy long-term benefit.
The signing ceremony was witnessed by PM Nguyen Xuan Phuc and his Japanese counterpart Shinzo Abe in Ha Noi.