With the completion of a garment-textile production chain in Vietnam, Worldon Vietnam Co., Ltd under the Chinese Shenzhou Group is likely to expand investment in the Southeast Asian country.
Last week, the company put into operation the chain’s last project worth 310 million USD at Dong Nam (South East) industrial park in Cu Chi district, Ho Chi Minh City.
Tran Viet Ha, head of the investment section under the HCM City Export Processing and Industrial Zone Authority, said this is the biggest invested garment-textile project at an industrial park in the city.
Though the city does not encourage labour-intensive projects, including garment-textile ones, this project was licensed taking into account the investor’s commitment to using advanced technology.
Gain Lucky garment-textile factory at Phuoc Dong industrial park in Tay Ninh province of Shenzhou Group will provide materials for Worldon Vietnam’s factories. The company also built a fashion design centre.
Shenzhou manufactures knitwear products from the initial stage of making fiber, weaving and printing to the creation of final products for popular brands such as Nike, Adidas, Puma and Uniqlo.
Over the past 11 months, Vietnam’s garment-textile industry raked in 23.6 billion USD from exports, representing a year-on-year rise of 9.5 percent.-VNA
SOURCE: Worldon Vietnam Co., Ltd