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January 9, 2002

VIETNAM: Vinatex Posts Jump In Revenue

The Vietnam National Garment and Textile Corporation (Vinatex) recorded an 11 per cent increase in revenue of $563 million during 2001, it announced on Wednesday. That compared with a 22.8 per cent revenue increase the previous year, with the fall being blamed on the slowing operation of textile companies due to shrinking export markets.

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