VIETNAM: ITG-Phong Phu textile complex opened
Vietnam's Deputy Prime Minister Hoang Trung Hai has today (5 December) official opened a new US$80m garment complex in the country.
The ITG-Phong Phu textile and garment complex opened at the Hoa Khanh Industrial zone, central province of Da Nang, after two years of construction.
It has been built through a 60:40 joint venture between US-based ITG Group and Vietnam's Phong Phu Corp.
The complex has fabric, dyeing, washing and completing factories, and a plant named Burlington Solutions Supply Chain City to produce cotton and khaki garments.
In its first phase the complex has an annual capacity of 30m metres of fabric and 8m garment products, with 90% of production for export.
The complex will employ around 2,000 local workers.
By Ngo Tuan.
Help test our new apparel sourcing tool.
International Textile Group Inc has cut 100 jobs at its denim manufacturing plant at White Oak near Greensboro in North Carolina, amid a slowdown in demand from jeans brands and retailers....
- US apparel sector braces for potential cost hikes
- Trade Tracker – Trump's first weeks, Brexit agenda
- Does a hard Brexit mean hard times for UK fashion?
- Key trade issues facing US textiles and apparel
- Primark challenges critics with cotton initiative
- Li & Fung dropped from Hang Seng Index
- Bangladesh "high threat" for terrorist activity
- Vietnam apparel exports miss 2016 target
- H&M leads Better Cotton league
- Ralph Lauren new execs to support Way Forward Plan
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective
- Technical textile markets: product developments and innovations, December 2016
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- Global market review of lingerie – forecasts to 2022