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Vinatex urged to undertake reform to develop production and business

Related Keywords: accelerate project investments and efficiency, comprehensive reform, develop production and business, developments in technology, entered markets with strict requirements, key export markets, local garment enterprises, Prime Minister Nguyen Xuan Phuc, traditional export markets, Vietnam National Textile and Garment Group, Vinatex

The Vietnam National Textile and Garment Group (Vinatex) has been urged to undertake comprehensive reform to develop its production and business. Prime Minister Nguyen Xuan Phuc’s message was conveyed on June 20 to Vinatex by a working group led by Government Office Chairman Mai Tien Dung.

Dung, speaking at a working session with the group in Hanoi, said that Vinatex had undergone many reforms and achieved developments in technology, management and jobs for 80,000 workers. However, the group had been experiencing difficulties in the export market since 2016.

Vietnam garment exports likely to touch $28bn in 2015

Related Keywords: attract FDI enterprise, boosting domestic production, completed equitisation plan, Deputy General Director, FTA, Hoang Ve Dung, inject money in Vietnam, invested in numerous textile and fibre projects, key export markets, likely to touch twenty eight billion USD, shipping garment products, top five largest apparel exporters, Vinatex

Hoang Ve Dung, Deputy General Director of the Vietnam National Textile and Garment Group (Vinatex) at a meeting with media on December 21 said that the Free trade agreements (FTAs) will give momentum to attract foreign direct investment enterprise to inject money in Vietnam while boosting domestic production.

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