Vinatex produces a wide variety of textiles and garments, with the capacity to produce over 250,000,000 square feet (23,000,000 m2) of fabric per year.[3]
In the first half of 2011 Vinatex' exports reached 1.22bn US$, 20% of the country's total textile exports of 6.16bn.[4]
Vinatex is currently in a process of decentralizing its production away from major industrial cities to take advantage of lower wages and cheaper land in the provinces. The vast majority of Vietnam's textiles industry is still located in Ho Chi Minh City, Hanoi and neighbouring provinces.[5] Vinatex started supporting subsidiaries to move out of Hanoi into neighbouring provinces such as Hưng Yên in 2004.[6] It announced a strategy to move production closer to the home provinces of its workforces in July 2011 to respond to high costs of labour and land in the main industrial centres of Ho Chi Minh City and Hanoi.[5] The following provinces have been mentioned as having large potential for the development of textile manufacturing:
Transport costs are a major challenge in this strategy, since container shipping costs even from a major port such as Da Nang Port are estimated by Vinatext to be twice as high as in Ho Chi Minh City.[5] As part of this strategy Vinatex also acquired Đại Cát Tường, a formerly loss-making textile manufacturer in Quảng Ngãi Province.[7]
Joint-VenturesEdit
Vinatex set up a joint-venture with PetroVietnam (PetroVietnam-Vinatex Dinh Vu Joint Stock Company (PVTex)) to build Vietnam's first polyester fiber plant. The factory will be located in Haiphong and use by-products from oil-refining. It will help to reduce the Vinatex' dependence on imported materials by meeting around 40% of the domestic apparel industry's demand for synthetic fiber.[8]
ReferencesEdit
^(vn) VNR500 Listing, Government owned, ranked 8th
^"Textile, clothing shipments to hit record high". The Saigon Times. 2011-06-29. Retrieved 2011-07-06.
^ abc"Dệt, may tìm đường về tỉnh". Thoi bao Kinh te Sai Gon. 2011-07-05. Retrieved 2011-07-06.
^"Support for moved textile and garment companies". Kinh Te Vietnam & The Gioi. 2004-03-04. Retrieved 2011-07-06.
^"Vinatex mua lại công ty thua lỗ ở Quảng Ngãi". The Saigon Times. 2011-07-05. Retrieved 2011-07-06.
^"PVTex to operate first polyester fiber project early 2011". The Saigon Times. 2010-05-14. Retrieved 2011-07-06.
External linksEdit
Vinatex Official Website
Vinatex Corporate Directory
Paradox Hoodie
Vinatex at Alacrastore
October 17, 2023
vinatex, vietnam, national, textile, garment, group, tập, đoàn, dệt, việt, large, vietnamese, textile, company, vietnam, largest, companies, overall, company, productive, sector, consists, over, joint, stock, companies, joint, venture, companies, principally, . The Vietnam National Textile and Garment Group Vinatex Tập đoan dệt may Việt Nam is a large Vietnamese textile company and one of Vietnam s largest companies overall 1 The company s productive sector consists of over 50 joint stock companies and 40 joint venture companies principally involved in manufacture other listed company sectors include fashion magazines fashion design institutes and textile industry vocational schools universities real estate supper market 2 Vinatex operates several import export companies Company central offices are located in Ha Noi VinatexTypeState owned enterpriseIndustryTextile industry garmentsHeadquartersHanoi VietnamWebsitewww vinatex comVinatex produces a wide variety of textiles and garments with the capacity to produce over 250 000 000 square feet 23 000 000 m2 of fabric per year 3 In the first half of 2011 Vinatex exports reached 1 22bn US 20 of the country s total textile exports of 6 16bn 4 Contents 1 Regional Organization of Production 2 Joint Ventures 3 References 4 External linksRegional Organization of Production EditVinatex is currently in a process of decentralizing its production away from major industrial cities to take advantage of lower wages and cheaper land in the provinces The vast majority of Vietnam s textiles industry is still located in Ho Chi Minh City Hanoi and neighbouring provinces 5 Vinatex started supporting subsidiaries to move out of Hanoi into neighbouring provinces such as Hưng Yen in 2004 6 It announced a strategy to move production closer to the home provinces of its workforces in July 2011 to respond to high costs of labour and land in the main industrial centres of Ho Chi Minh City and Hanoi 5 The following provinces have been mentioned as having large potential for the development of textile manufacturing Northeast Phu Thọ Province Tuyen Quang Province Thai Nguyen Province North Central Coast Thanh Hoa Province Nghệ An Province Quảng Trị Province Thừa Thien Huế Province South Central Coast Quảng Nam Province Binh Định Province Phu Yen Province Mekong Delta Tiền Giang Province Đồng Thap Province Southeast Tay Ninh ProvinceTransport costs are a major challenge in this strategy since container shipping costs even from a major port such as Da Nang Port are estimated by Vinatext to be twice as high as in Ho Chi Minh City 5 As part of this strategy Vinatex also acquired Đại Cat Tường a formerly loss making textile manufacturer in Quảng Ngai Province 7 Joint Ventures EditVinatex set up a joint venture with PetroVietnam PetroVietnam Vinatex Dinh Vu Joint Stock Company PVTex to build Vietnam s first polyester fiber plant The factory will be located in Haiphong and use by products from oil refining It will help to reduce the Vinatex dependence on imported materials by meeting around 40 of the domestic apparel industry s demand for synthetic fiber 8 References Edit vn VNR500 Listing Government owned ranked 8th Vinatex Vinatex Organization Chart Vinatex Introduction Manufacture Textile clothing shipments to hit record high The Saigon Times 2011 06 29 Retrieved 2011 07 06 a b c Dệt may tim đường về tỉnh Thoi bao Kinh te Sai Gon 2011 07 05 Retrieved 2011 07 06 Support for moved textile and garment companies Kinh Te Vietnam amp The Gioi 2004 03 04 Retrieved 2011 07 06 Vinatex mua lại cong ty thua lỗ ở Quảng Ngai The Saigon Times 2011 07 05 Retrieved 2011 07 06 PVTex to operate first polyester fiber project early 2011 The Saigon Times 2010 05 14 Retrieved 2011 07 06 External links EditVinatex Official Website Vinatex Corporate Directory Paradox Hoodie Vinatex at Alacrastore Retrieved from https en wikipedia org w index php title Vinatex amp oldid 1167833212, wikipedia, wiki, book, books, library,
