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Many large-scale garment plants have been put into operation in Binh Dinh. The expansion of the garment industry has generated more employment opportunities for the locals.
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Employees are working in a plant of An Nhon Garment JSC. Photo N.T
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Alongside 4 existing projects, more 6 garment projects have been implemented in the province since 2005, offering employment opportunities to nearly 10,000 laborers, a 4-time increase over 2000.
VINATEX Da Nang, Able Garment Industries Vietnam LTD whose mother company is Japan-based Able Yamauchi Co.,Ltd, Tam Quan Garment joint stock company, An Nhon Garment joint stock company are typical enterprises operating in Binh Dinh.
They made every effort to equip themselves with advanced technologies to improve the production capacity and the quality of their products.
VINATEX Da Nang, for example, invested VND10 billion in building a well equipped garment plant in Phu My; meanwhile, Able Garment Industries Vietnam LTD poured more than VND16 billion into a factory in Phu Tai industrial zone.
The garment firms have also focused on training their staff, promoting the trade promotion, and extending the markets. Many, thus, overcome difficulties caused by the global economic recession.
Their total turnover was about VND250 billion last year, a rise of 15 percent against 2008 and the figure is VND200 billion in the first eight months this year, a surge of 20 percent compared to the same period last year.
The Nha Be Garment Corp. has recently built a production complex in Phu Cat and a clean industrial cluster in Tam Quan.
The service, trading, production complex, built on an area of 16 ha in Phu Cat district, is comprised of many garment plants. 4 plants are expected to be built in the first phase (2010-12) with the total capital of VND250 billion and one more factory worth VND250 billion will put into operation in the second phase (2012-15).
The complex is believed to attract 5,000 laborers, generating a total turnover value of US$100 million per year.
The Nha Be – Tam Quan clean industrial cluster will be built on an area of 16 ha in Hoai Nhon with the total capital of VND85 billion. After being fully operational by late 2011, it will offer 3,000 job vacancies for the locals.
As Vietnam is a WTO’s member, its garment industry could benefit from the WTO’s preferential policies. The garment sector in Binh Dinh thus has many opportunities to develop.
However, the garment firms are required to constantly improve their technologies, management capacity, and production to enhance the quality and competitiveness and ensure the stable income for their employees.
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