Hong Kong group opens new garment factory in Vietnam
The Esquel Group of Hong Kong, one of the world’s leading producers of
premium cotton shirts, on March 19 inaugurated a new garment factory in
Vietnam’s northern province of Hoa Binh.
The Esquel Group of Hong Kong, one of the world’s leading producers of
premium cotton shirts, on March 19 inaugurated a new garment factory in
Vietnam’s northern province of Hoa Binh.
Speaking at the opening ceremony in Luong Son industrial zone, Deputy Prime Minister Hoang Trung Hai asked the provincial authorities to create favourable conditions to help the factory operate effectively and make quality products, contributing to the integration process of Vietnam’s garment industry.
The 25 million USD factory in Hoa Binh is the third built in Vietnam by the Esquel Group, following two others in southern Binh Duong and Dong Nai provinces.
It is expected to produce about 7 million shirts for export a year and create jobs for about 3,000 people living in the province and surrounding areas.
The Esquel Group now earns more than 200 million USD each year from exports produced at its factories in Vietnam and generates jobs for 10,000 Vietnamese workers.-VNA
Speaking at the opening ceremony in Luong Son industrial zone, Deputy Prime Minister Hoang Trung Hai asked the provincial authorities to create favourable conditions to help the factory operate effectively and make quality products, contributing to the integration process of Vietnam’s garment industry.
The 25 million USD factory in Hoa Binh is the third built in Vietnam by the Esquel Group, following two others in southern Binh Duong and Dong Nai provinces.
It is expected to produce about 7 million shirts for export a year and create jobs for about 3,000 people living in the province and surrounding areas.
The Esquel Group now earns more than 200 million USD each year from exports produced at its factories in Vietnam and generates jobs for 10,000 Vietnamese workers.-VNA
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