The province’s garment industry has reaped considerable achievements in recent years. More and more garment factories have been built in Binh Dinh.
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Many large-scale garment factories have been built in Binh Dinh. Photo N.T
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Cooperation for development
To help the province’s garment industry further develop, Binh Dinh People’s Committee said it’s necessary to call for investment and cooperation with top leading garment companies, aiming to ensure the competitiveness. Many large-scale garment factories have been built since then.
In late 2005, Vietnam Textile and Garment Group’s affiliate in Da Nang (VINATEX Da Nang) invested more than VND10 billion in building a factory in Phu My district.
In early 2007, Binh Dinh SEPPLUS Co, Ltd also build a factory worth VND24 billion in Binh Dinh town’s industrial park.
Japan-based Able Yamauchi Company’s Vietnam Able Garment Co., Ltd kicked off the construction of Able Tech garment factory in Phu Tai industrial zone in late 2007.
Also, Binh Dinh Garment Company was merged with Nha Ba Garment and Textile Corporation and it was equitized in two years ago. The equitization helped Binh Dinh Garment Joint Stock Company flourish.
The company had a total turnover of VND110 billion last year. In early 2008, Nha Be Garment and Textile Corporation invested VND71 billion in extending An Nhon and Tam Quan garment factories.
The manpower training for the garment industry has been focused on. Binh Dinh Garment JSC coordinated with HCM City-based College of Garment and Fashion to open eight training courses for its staff since 2008.
In addition, garment companies in the province have strengthened the trade promotion and sought new markets, aiming to ensure the stable and sustainable development.
New targets set
The province’s garment industry has overcome many difficulties to get encouraging results this year. According to Binh Dinh Department of Industry and Trade, many garment companies signed new contracts.
“Our company has signed many contracts since August,” said general director of Binh Dinh Garment JSC Le Dan. “The company’s export turnover is expected to reach US$3.2 million this year, a surge of 30 percent against 2008.”
“After Vietnam integrated into WTO, the garment industry has more opportunities to develop,” said deputy director of the Department Nguyen Van Thang. “Binh Dinh also has many advantages creating favorable conditions for the investment attraction in the field of garment industry.”
The province set new targets. Accordingly, more garment factories will be built in districts of Tay Son, An Nhon, Phu Cat, Hoai Nhon from now to 2015.
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