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The Vietnam National Textile and Garment Group (Vinatex) also continued its expansion in apparel making sector with a new investment in a plant at VND42 billion (or US$ 2.3 million) producing garment for both domestic and export markets.
Located in the Son Dong district of Bac Giang province, the plant was planned to reach an annual capacity of 3.5 million pieces of apparel products, and the revenue per annum will be about VND 52 billion (or US$2.9 million).
Deputy Minister of Industry and Trade of Vietnam, Bui Xuan Khu, said that building a garment plant in this location is not only for commercial purposes. It also helps reduce poverty and eliminate hunger as Son Dong is a poor district where 47% of its total population is ethnic minority. When it operates in April 2010, the plant will need about 1,000 local labors.
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