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Vinatex books H1 profit slide on severe Covid impact in Vietnam

2020-08-20 15:00:00| Daily apparel & textile news and comment - from just-style.com

The Vietnam National Textile and Garment Group (Vinatex) has reported a 20.7% drop in first half profits to VND276bn after being "severely affected" by the Covid-19 pandemic.

Tags: books impact profit vietnam

 

Vinatex confirms 2018 sales and profit growth

2019-05-01 15:32:00| Daily apparel & textile news and comment - from just-style.com

Vietnam National Textile and Garment Group (Vinatex) has announced its official 2018 financial results, confirming a 16% growth in pre-tax profits to VND41.4trn (US$1.7bn).

Tags: sales growth profit confirms

 
 

Vinatex focusing on further growth in 2019

2019-01-17 13:49:00| Daily apparel & textile news and comment - from just-style.com

The Vietnam National Textile and Garment Group (Vinatex) is eyeing a 6-8% rise in exports and a 12% growth in annual profit for the year ahead on the back of strong growth in 2018 and the expected shift in business away from neighbouring China.

Tags: growth focusing vinatex 0

 

Itochu raises stake in Vinatex with eye on Europe

2018-04-04 15:54:00| Daily apparel & textile news and comment - from just-style.com

Japanese conglomerate Itochu Corp has increased its ownership of Vietnam state-owned textile company Vinatex with a view to expanding the country's capabilities and turning it into a textile export hub for Europe.

Tags: europe eye raises stake

 

Vinatex opens southern office to accelerate investment

2016-04-25 17:56:00| Daily apparel & textile news and comment - from just-style.com

The state-run Vietnam National Textile and Garment Group (Vinatex) has opened an office in Ho Chi Minh City in the south of the country to accelerate the implementation of several major projects and help prepare for the Trans-Pacific Partnership (TPP) free trade agreement.

Tags: office investment southern opens

 

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