Business

Chinese firm completes garment-textile production chain in Vietnam

With the completion of a garment-textile production chain in Vietnam, Worldon Vietnam Co., Ltd under the Chinese Shenzhou Group is likely to expand investment in the Southeast Asian country.
Chinese firm completes garment-textile production chain in Vietnam ảnh 1A garment factory in Hung Yen province (Photo: VNA)

Hanoi (VNA) – With the completion of agarment-textile production chain in Vietnam, Worldon Vietnam Co., Ltd under theChinese Shenzhou Group is likely to expand investment in the Southeast Asiancountry.

Last week, the company put into operation thechain’s last project worth 310 million USD at Dong Nam (South East) industrialpark in Cu Chi district, Ho Chi Minh City.
Tran Viet Ha, head of the investment section under the HCMCity Export Processing and Industrial Zone Authority, said this is the biggestinvested garment-textile project at an industrial park in the city.

Though the city does not encourage labour-intensiveprojects, including garment-textile ones, this project was licensed taking intoaccount the investor’s commitment to using advanced technology.

Gain Lucky garment-textile factory at Phuoc Dongindustrial park in Tay Ninh province of Shenzhou Group will provide materialsfor Worldon Vietnam’s factories. The company also built a fashion designcentre.

Shenzhou manufactures knitwear products from theinitial stage of making fiber, weaving and printing to the creation of finalproducts for popular brands such as Nike, Adidas, Puma and Uniqlo.

Over the past 11 months, Vietnam’sgarment-textile industry raked in 23.6 billion USD from exports, representing ayear-on-year rise of 9.5 percent.-VNA
VNA
#garment-textile production #Worldon Vietnam Co Ltd #Shenzhou Group #labour-intensive projects #garment-textile project #Worldon Vietnam #updated Vietnam news #Vietnamplus #Vietnam News Agency China
Follow VietnamPlus

Related News

Vietnam’s textile industry needs to spin new yarn

Vietnam’s textile industry needs to spin new yarn

Continued dependence on raw and auxiliary materials imports will constrain Vietnam’s textiles and garment industry from taking real advantage of various Free Trade Agreements signed by the country, industry insiders said.
Int’l textile expo opens in HCM City

Int’l textile expo opens in HCM City

A wide range of machinery and business solutions for textile and garment manufacturing chains are on display at the 17th Vietnam International Textile & Garment Industry Exhibition (VTG 2017) in HCM City.
Vietnam, India eye textile cooperation

Vietnam, India eye textile cooperation

There is a lot of potentials for cooperation between Vietnam and India in the textile and garment sector, a Vietnam-India business meeting heard in Ho Chi Minh City last week.
Conference boosts VN-China investment, trade ties

Conference boosts VN-China investment, trade ties

Businesses in Beijing and Tianjin and Hebei provinces in China want to promote investment and trade with Vietnamese partners, according to the Tianjin Foreign Economic and Trade Promotion Association.

See more

The VSS reported that total accumulated reserves across the social, health, and unemployment insurance funds now top 1.5 quadrillion VND. (Illustrative photo: VNA)

VSS pledges tighter fund management, diversified investments

The VSS will also impose stricter financial discipline in fund management, while pursuing broader diversification of investment portfolios, as guided by the principle of “safety, sustainability, and efficiency”. This approach aims to secure strong liquidity for prompt benefit payouts and support growth in Vietnam’s capital markets and overall economy.

The ceremony unveiling AFT Connect portal (Photo: nhandan.vn)

AFT Connect portal links Vietnamese clean food producers

The platform is expected to serve as shared digital backbone enabling stakeholders in the clean food sector to gradually digitise, standardise, and publicly disclose information, ultimately aiding the fight against unsafe products and protecting consumer interests.

A Vietcombank employee guides a client in biometric process (Photo: qdnd.vn)

Vietnam's biometric surge powers digital banking overhaul

As the Party identified breakthroughs in science – technology and innovation as a key driver of national progress, the mastery and adoption of biometric technologies must go hand in hand with safeguarding public trust, data security, and citizens’ interests, all aligned with the people-first philosophy guiding the country's digital agenda.

A spring fair kicks off in the central Da Nang city on January 22, 2026 (Photo: VNA)

Da Nang 2026 spring fair features 200 booths

The fair features a diverse range of products and services, focusing on items for Tet such as food and beverages, regional specialties, OCOP products, and rural and industrial goods; fashion, footwear, cosmetics, and sports equipment; health care products and beauty services; household items, interior and exterior décor, and handicrafts; as well as equipment, technology, and services in sectors like electronics, automobiles, and telecommunications.

The Ministry of Finance is working to establish a mechanism for regular and ongoing dialogue with international credit rating agencies, including Fitch, Moody’s and S&P. (Illustrative image: VNA)

Fitch Ratings upgrades Vietnam’s senior secured long-term debt rating to BBB-

The rating for Vietnam’s secured long-term debt was raised to BBB-, equivalent to investment grade, one notch higher than the country’s long-term foreign-currency rating on unsecured debt, which remains at BB+. The upgrade followed Fitch’s review under its revised Sovereign Rating Criteria issued in last September, said the Ministry of Finance.

A view of the site where the Ninh Thuan 1 Nuclear Power Plant is located in Phuoc Dinh commune, Khanh Hoa province (Photo: VNA)

Nuclear experts urge century-long commitment at 14th Party Congress

VietNuc’s executive board, including Chairman Bui Nguyen Hoang from the Électricité de France SA (EDF) (EDF), Ung Quoc Hung from Setec Nucléaire Group, and Vu Minh Ngoc from French National Radioactive Waste Management Agency Andra, hoped that the Congress would refine mechanisms and policies to better tap OV nuclear talents.

Ahmad Haikal Hasan, Head of the Halal Product Assurance Organising Agency (BPJPH) of Indonesia, speaks at the seminar (Photo: VNA)

Indonesia ready to cooperate with Vietnam in halal sector

Ahmad Haikal Hasan, Head of the Halal Product Assurance Organising Agency (BPJPH) of Indonesia, described Vietnam as a “potential supplier” of halal products with the capacity to play a larger role in the market, particularly in the fast-moving consumer goods (FMCG) sector. He revealed a plan to visit Vietnam next week to discuss the country’s progress in the global halal industry.

Delegates perform the opening ceremony. (Photo: VNA)

Thailand Week 2026 opens in Hanoi

The event brings together more than 100 companies, including Thai enterprises and Vietnamese importers, across about 120 booths. It features a wide range of Thai products aligned with consumer trends in Vietnam, including food and beverages, health and beauty, mother-and-baby and pet products, fashion and jewellery, household goods and tourism services.

Illustrative image (Photo: VNA)

Vietnam remains Singapore’s third-largest seafood supplier in 2025

Data released by the Accounting and Corporate Regulatory Authority of Singapore (ACRA) show that Singapore spent 125.5 million SGD (97.7 million USD) importing seafood from Vietnam last year, up 10.7% year on year, accounting for 10.3% of the city-state’s total seafood import market.

Workers assemble mobile phone components at Diem Thuy Industrial Park in the northern province of Thai Nguyen. (Photo: VNA)

Electronics exports surpass 107 billion USD in 2025

With an export turnover of 107.75 billion USD in 2025, computers, electronic products and components not only maintained their position as Vietnam’s largest export by value, but also contributed more than half of the overall increase in the country’s export turnover in 2025.