The Vietnam National Textile and Garment Group (Vinatex) (Tập đoàn dệt may Việt Nam) is a large

Vietnam Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making ...

ese

textile Textile is an Hyponymy and hypernymy, umbrella term that includes various Fiber, fiber-based materials, including fibers, yarns, Staple (textiles)#Filament fiber, filaments, Thread (yarn), threads, different #Fabric, fabric types, etc. At f ...

company, and one of Vietnam's largest companies overall. The company's 'productive sector' consists of over 50

joint stock companies A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are ...

, and 40

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...

companies, principally involved in manufacture; other listed company sectors include

fashion magazine Fashion journalism is a component of fashion media, with a focus on writing and photojournalism. Fashion journalists write about fashion events, trends and have to cultivate and maintain a relationship with stylists and designers. A fashion journ ...

s, fashion design institutes and textile-industry

vocational school A vocational school is a type of educational institution, which, depending on the country, may refer to either secondary or post-secondary education designed to provide vocational education or technical skills required to complete the task ...

universities A university () is an institution of higher (or tertiary) education and research which awards academic degrees in several academic disciplines. Universities typically offer both undergraduate and postgraduate programs. In the United State ...

, real estate, supper market. Vinatex operates several import-export companies. Company central offices are located in Ha Noi. Vinatex produces a wide variety of textiles and

garment Clothing (also known as clothes, apparel, and attire) are items worn on the body. Typically, clothing is made of fabrics or textiles, but over time it has included garments made from animal skin and other thin sheets of materials and natural ...

s, with the capacity to produce over of

fabric Textile is an umbrella term that includes various fiber-based materials, including fibers, yarns, filaments, threads, different fabric types, etc. At first, the word "textiles" only referred to woven fabrics. However, weaving is not ...

per year. In the first half of 2011 Vinatex' exports reached 1.22bn US$, 20% of the country's total textile exports of 6.16bn.

Regional Organization of Production

Vinatex is currently in a process of decentralizing its production away from major industrial cities to take advantage of lower wages and cheaper land in the provinces. The vast majority of Vietnam's textiles industry is still located in

Ho Chi Minh City , population_density_km2 = 4,292 , population_density_metro_km2 = 697.2 , population_demonym = Saigonese , blank_name = GRP (Nominal) , blank_info = 2019 , blank1_name = – Total , blank1_ ...

Hanoi Hanoi or Ha Noi ( or ; vi, Hà Nội ) is the capital and second-largest city of Vietnam. It covers an area of . It consists of 12 urban districts, one district-leveled town and 17 rural districts. Located within the Red River Delta, Hanoi i ...

and neighbouring provinces. Vinatex started supporting subsidiaries to move out of

into neighbouring provinces such as

Hưng Yên Hưng Yên () is a city in Vietnam. It is the provincial capital of Hưng Yên Province and is a third-graded city according to Vietnam's city classification table. Geography *Hưng Yên is a delta city. It is located in the south of Hưng Yên ...

in 2004. It announced a strategy to move production closer to the home provinces of its workforces in July 2011 to respond to high costs of labour and land in the main industrial centres of Ho Chi Minh City and Hanoi. The following provinces have been mentioned as having large potential for the development of textile manufacturing: *

Northeast The points of the compass are a set of horizontal, radially arrayed compass directions (or azimuths) used in navigation and cartography. A compass rose is primarily composed of four cardinal directions—north, east, south, and west—each sep ...

: Phú Thọ Province, Tuyên Quang Province,

Thái Nguyên Province Cài () is a Chinese-language surname that derives from the name of the ancient Cai state. In 2019 it was the 38th most common surname in China, but the 9th most common in Taiwan (as of 2018), where it is usually romanized as "Tsai" (based on ...

* North Central Coast: Thanh Hóa Province, Nghệ An Province, Quảng Trị Province, Thừa Thiên–Huế Province * South Central Coast: Quảng Nam Province, Bình Định Province, Phú Yên Province *

Mekong Delta The Mekong Delta ( vi, Đồng bằng Sông Cửu Long, lit=Nine Dragon River Delta or simply vi, Đồng Bằng Sông Mê Kông, lit=Mekong River Delta, label=none), also known as the Western Region ( vi, Miền Tây, links=no) or South-weste ...

Tiền Giang Province The term ''tiền'' ( Hán tự: 錢) is used to refer to various currency-related concepts used in Vietnamese history. The name is a cognate with the Chinese ''qián'' (錢), a unit of weight called " mace" in English. It can refer to a unit ...

, Đồng Tháp Province *

Southeast The points of the compass are a set of horizontal, radially arrayed compass directions (or azimuths) used in navigation and cartography. A compass rose is primarily composed of four cardinal directions—north, east, south, and west—each sepa ...

: Tây Ninh Province Transport costs are a major challenge in this strategy, since container shipping costs even from a major port such as

Da Nang Port Đà Nẵng Port ( vi, Cảng Đà Nẵng) is a major port system located in Central Vietnam at the mouth of the Han River on the East Viet Nam Sea, in the city of Đà Nẵng. It is the third largest port system in Vietnam (after Saigon Port in ...

are estimated by Vinatext to be twice as high as in

. As part of this strategy Vinatex also acquired Đại Cát Tường, a formerly loss-making textile manufacturer in Quảng Ngãi Province.

Joint-Ventures

Vinatex set up a joint-venture with PetroVietnam (PetroVietnam-Vinatex Dinh Vu Joint Stock Company (PVTex)) to build Vietnam's first polyester fiber plant. The factory will be located in

Haiphong Haiphong ( vi, Hải Phòng, ), or Hải Phòng, is a major industrial city and the third-largest in Vietnam. Hai Phong is also the center of technology, economy, culture, medicine, education, science and trade in the Red River delta. Haiphong wa ...

and use by-products from oil-refining. It will help to reduce the Vinatex' dependence on imported materials by meeting around 40% of the domestic apparel industry's demand for synthetic fiber.

References

External links

Vinatex Official WebsiteVinatex Corporate DirectoryCustom Clothing & ShoesVinatex at Alacrastore
{{authority control Manufacturing companies based in Hanoi Textile companies of Vietnam Clothing manufacturers Government-owned companies of Vietnam Vietnamese brands