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Domestic Textile Spotlights

27/05/2016 09:01 AM

Shareholders' Meeting of Hanosimex : On 27th April 2016, at Dong Van IZ,

Ha Nam Province, Hanoi Textile Joint Stock Corporation (Hanosimex) has organized

the Annual Shareholders Meeting 2016. At the meeting, delegates were heard and looked through the important report of business performance in 2015; orientations and solutions in 2016; final financial report was audited in 2015 and profit distribution regulations in 2015...

the Congress has conducted additional election with 100 % of votes agree to Tran Huu Phong - Member of Management Board Textile Corporation May the North - Director of  Branch Plant Fiber VINATEX PHG), in replacing of Mr. Tran Vietnam (Head of Integrated Legal Vinatex ) to be Hanosimex board members.


2016 Shareholders' Meeting of VTEC: On 2rd3 April 2016, at Viet Tien Garment JST Corporation has organized the Annual Meeting of Shareholders 2016 to report the results of business activities in 2015 and set out the strategic solutions for 2016. In 2015, the revenue reached 6.311 billion vnđ, up by 11% compared to the plan, an increase of 17% over the same period. Profit before tax reached 302 billion vnđ, up by 4% compared to the plan, an increase of 8% over the same period. Income per worker increased by 17% over the same period. Profit before tax reached 302 billion vnđ, up by 4% compared to the plan, an increase of 8% over the same period. Income per worker reached 8,450,000 vnđ/ person / month, up by 5% over the same period, the employee lives increasingly improved. Expected dividend payment by 30% / chartered capital


2016 General Meeting of Shareholders in Natexco: On 26th April 2016 in Nam Dinh Province, Nam Dinh Garment Joint Stock Corporation (Natexco) has organized the Annual Shareholder Meeting. In 2016, though still more difficulties that Natexco have to challenge but investors still have to improve production capacity to compete with FDI. Shareholders should support executive agency of Natexco to invest in human resources to increase incomes for managers, technicians qualified to sustainable development. In identifying new investment process, the priority task is running smoothly for Dyeing Factory to go into production and bring prices down for the wastewater treatment down to the average.


2016 shareholders' meeting of Vifutex: At Viet Tri (Phu Tho) City, Vinh Phu Textile Company (Vifutex) had held a general meeting of shareholders of 2016. During the congress, delegates had heard reports of the Director General on the results of business activities in 2015 and orientations business 2016. In 2015, it was a year of changes in activities that promote production of raw materials textile yarn industry, TPP preparation for full effect and Vietnam's garment sector operating under the complete supply chain. Therefore, business activities during the year and the future direction of Vifutex has prospered flourishes and praised worthy promises. Vifutex has increased production output and production capacity is improved; sales revenue remained stable, increasing export turnover; the work of the staff and employees were stable, salaries increased and life  improved positively


Opened 56th Belluni shop: On 28th April 2016, Belluni brand of AGTEX28 stores had opened the 56th store at booth number 1F38 Trade Center Go Vap Lotte Mart, No. 18 Phan Van Tri Street, Ward 10, Go Vap District, Ho Chi Minh City with the message "Celebrate summer with special silk products from Bamboo". Belluni is male fashion brand for high-end officer and businessman with a modern style and dynamic, with the sophistication of the details, products Belluni chin symbolizes the cycle and exemplary successful man.


Phong Phu opened new stores in HCMC: On 21st April 2016, Mollis Brand of Phong Phu has opened Mollis towel store at 54 Ton That Tung Street, District 1, HCMC. The shop will exhibit and sell the product line Mollis luxury towels, blankets and sheets pillowcase Pelife  and fashion clothing brand Open. Phong Phu’s products are manufactured with raw materials of natural origin, environmental friendliness as cotton, silk, wood, oak, bamboo, silk, soy, ... and are provided to more than 600 buyers including dealers, supermarkets spread across the country and world markets such as Japan, USA, Europe u, EU, Russia and Southeast Asian countries ... This is the 7th store in the chain store system of Mollis in nationwide.


Dugaco new showroom: On 18th April 2016, Dejiang JSC (Dugaco) opened showrooms

in Strategy Institute and Science Ministry of Public Security apartment on Nguyen Chanh Street, Cau Giay District, Ha Noi.  The showroom sale fashion brands Dugaco to introduce the best products with diverse styles, suitable for many types of customers. In the first 6 months of 2016, Dugaco expected to open 4 stores in Hanoi and many agents and wholesalers and retailers in the provinces and cities and nationwide. This is a great effort by all officers and employees and the employees of the Company in response to campaign "The Vietnamese use Vietnamese goods" and the domestic sales target in 2016 reached 400 billion.


Mattana opening new stores in Tien Lang - Hai Phong: On 15th April 2016, Mattana Fashion Brands (a men's fashion line of elegant, luxury) of Nha Be Garment Joint Stock Corporation, has officially opened a new store in the 64 Zones 2 Tiên Láng, Hai Phong town, testament to the growth and development of Mattana firm. Currently, Mattana had been in the major cities and commercial centers across the country with more than 100 chain stores system of government all over the country.


VINATEX Nam Dinh Yarn Factory to get first batch of products in the morning of

29th April 2016, VINATEX Nam Dinh Yarn Factory has released the first batch of products. This is particularly important event of Plant Fiber VINATEX Nam Dinh, Vietnam Textile and Garment Group (Vinatex) in particular and Vietnam's textile and garment industry in general contribution to improve the supply chain ahead of the trade agreements was signed. Vinatex fiber production plant in Nam Dinh was constructed by VINATEX with scale of 2-3 thousand spindles and production of 4770-5200 tons / year (Ne30), with total investment of 300-465 billion vnđ. VINATEX Nam Dinh Yarn Factory invested with advanced production lines and the most modern in the world nowaday to produce one kind of products to serve the textile industry.


Second Congress of Cotton Yarn Vietnam Association: On 22nd April 2016 in Hanoi, the congress took place the Second Congress of the Association Activity Vietnam Cotton Yarn term 2016 - 2020. Congress listened Review Report working tenure 2011- 2015 and 2016 term orientation til 2020. The Congress elected the Executive Committee tenure II from 2015 to 2020 consisting of 12 members, led by Nguyen Van Tuan, Deputy Chairman of Vietnam Association of Cotton Yarn the first term and Vice President for Investment and Development Corporation Infrastructure RẠNG ĐÔNG to be President.


2016 Capital Representative Conference of Vietnam Textile and Garment Group

was held on 12nd April 2016 in Hanoi and 23rd April 2016 HCM city. Results of the implementation of the Group in 2015 are as follow: production value (actual) reached 36,000 billion vnđ, exceeding 1% of the general plan, exceeding 12% compared to 2014.

The export turnover (calculated enough) 2:37 trillion dollars; Import turnover of US $ 1.1 billion vnđ; revenue of 39.500 billion vnđ, up by 10% compared to 2014; Profit before tax was 1.348 billion, up 13% compared to 2014, but only reached 89% compared to the plan proposed by the Group. Group dividends of 293 billion vnđ, up by 11% compared to 2014. Leaders of the Group always appreciate all suport by the Group's capital representatives at the current, they are not just the capital but also represent the spirit, the will, the brand and the culture of the Group. With achievements gained in 2015, many units and individuals within the Group has reached many awards such as Merit, Emulation Flag of the Prime Minister; Emulation Flag of the Ministry of Trade, Vietnam Textile and Garment Group ...


Launch of Textile Corporation of the North: On 12nd April 2016 in Hanoi, Vietnam Textile and Garment Group (Vinatex) organized the launching ceremony of Vinatex North. Vinatex North is based in Vinh Hoang IP, Hoang Van Thu Ward, Hoang Mai District, Hanoi. With a charter capital of 500 billion vnđ, Vinatex North are consolidated from four units of Hanoi Textile Corporation, 8/3 Textile Company Limited, Company Limited Dong Xuan Knitting, Hong Linh Joint Vinatex. HR department of board members of corporations are included: Dang Vu Hung - Deputy General Director of Vinatex aka Post Chairman of Management Board and CEO; Mr. Xie Jin Hung - Deputy General Director of Textile Company Limited 8/3 aka Post member of Management Board; Tran Huu Phong - Director

of VINATEX PHG aka post member of Management Board.


Launch of Corporation Southern Textiles: In order to accelerate the implementation of investment strategy for the new period, 23rd April 2016 in  HCMC, Vietnam Textile and Garment Group (Vinatex) has celebrated the launch of the Southern Textile Corporation. Southern Textiles Corporation based in 10 Nguyen Hue Street, Ben Nghe Ward, District 1, HCMC. With chartered capital of 520 billion vnđ, Southern Corporation are established on the basis of the consolidated companies and five investment projects of the Group's branches in southern are VINATEX factory of Yarn-dyed fabrics; VINATEX Kien Giang Garment Factory; Phu Cuong Fiber Factory; Can Tho Garment Factory; Bac Lieu Garment Factory.

Mr Pham Phu Cuong, Board member of Deputy General Director’s Vinatex hold the Post Chairman of Management Board and CEO announced Mr. Pham Xuan Trinh of Phong Phu Corporation and General Director – Mrs. Le Thi Ngoc Dieu aka CEO of Song Tien Garment Joint Stock Company to be holding in member list of Member Board.


Textile enterprises to invest in expanding the keypoint factories: Focusing on human resources, incrementing capital investment for expanding production and taking advantage

of export markets is the strategy of many large textile enterprises in May 2016. Dong Nai JSC – Donagamex is investing to expand the scale for some keypoint plants. Donagamex plans to focus investment on Industrial Cluster (CCN) Hung Loc which specializes in textiles with an area of over 40 hectares. There is also another 3 more projects eligible for investment expansion, including: project of expansion lands and factories for Dinh Quan Garment JSC, investment for development to expand production in Dong Binh JSC and Dong Phuoc JSC, in order to make the most advantage of the infrastructuree and resources in place. Century Synthetic Fiber Corporation also announced the investment spending "spree" in 2016 to Trang Bang Project 4 in order to increase capacity. As expectation, the devices for Trang Bang Factory 4 will be installed from the second quarter of 2016 and will be operated in the first quarter of 2017. This is expected to increase the capacity of 8,000 tons and bringing the total capacity of company to 60,000 tons / year. Thuan Phuong Embroidery Garment Co. Ltd  at Long Cang Commune, Can Duoc District, Long An Province are investing on weaving, dyeing, sewing factories for an area of 30 hectares which has been started up the construction with the capital for the first phase up to 600 billion vnđ. Phase I of the plant consists of 2 garment factories, 1 washing and 1 depot workshop, specializing in the manufacture and export of garments, embroidery, print, wash under a closed technological process, meet the export standards.


Hanosimex commissioned two major projects in 2016: Within 2015, Hanoi Textile JSC (Hanosimex) spent approximately 500 billion vnđ for new investment projects, more than 90% of the total expenditure for the project is cornered fiber production. One of the major projects are in the construction phase and other project which is scheduled for completion by the end of this year is to build fiber factory in Dong Van 1 with 30,000 spindles scale, the design capacity of 5,500 tons of yarn TCM type / year. And project in Nam Dan, scale 28 production lines, the design capacity 5.4 million units / year with total investment of 80.2 billion vnđ will be fully commissioned in the second quarter of 2016. In particular, the plant went into production since the beginning of April 2016 but the cafeterias and the remaining part of the infrastructure will finish in May 6th 2016. In 2016, revenue targets of Hanosimex are 1.025 billion vnđ, pre-tax profit 32 billion vnđ, dividend by 12%.


College of Technology and Management - Sonadezi accompanies with enterpriese: Sonadezi TTC Edu address at No. 1, Line 6A, Bien Hoa 2 Industrial Zone, Bien Hoa City,

has built a complete and modern edu system on the total area of 21 ha. The school gives training courses for college level, intermediate level and specializes in Technology Garment, Footwear Technology, Business Administration, Finance - Banking, Accounting, Business English, English China trade, construction engineering technology, information technology.


AGTEX28 to receive the title of excellent enterprises from APEC: On the 18th April,

in Singapore, AGTEX28  was honored to be called up by Chairman of the APEC Business Advisory Council (APAC) to receive award of Gold Cup & Evidence for outstanding companies from APEC for the positive contribution in building brand products, quality services trusted by customers, with strong capabilities in the competition and international integration. AGTEX28 were honored in the category "APEC outstanding companies" as fully meet the following criteria: (i) enterprise with brandname strongly trusted by consumers and taking certain market share in domestic and international; (ii) the first enterprise to be pioneer for scientific and technological innovation, environmental protection; (iii) making great strides in building work and brand development; (iv) actively participate in the social and charity donates; receving many certificates, awards, trophies domestically and internationally.

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