Improving living quality for textile garment workers

06/06/2024 16:44

The Vietnam National Textile and Garment Group (Vinatex) currently employs nearly 65,000 workers across its member units, with an average monthly income of over VND9.4 million per person. Over the years, Vinatex’s success has been closely linked to the commitment to improve the quality of life, income, and working conditions for their workers, even during challenging periods such as the COVID-19 pandemic and the economic […]

Vinatex organizes a seminar on Financial and Monetary Policies

02/06/2024 09:32

The speaker was Dr. Truong Van Phuoc, former Acting Chairman of the National Financial Supervisory Commission. Attending the seminar were the Chairman of the Board of Directors of the Vietnam National Textile and Garment Group (Vinatex) Mr. Le Tien Truong; Vinatex General Director Mr. Cao Huu Hieu, along with leaders of the Executive Board, leaders of functional departments of the Group, and leaders and chief […]

Encouraging enterprises to implement ESG to meet “green transition”

01/06/2024 14:52

According to experts, Vietnam needs to encourage businesses to implement ESG reports to enhance corporate reputation and meet the tariff barrier conditions of “green” markets such as the EU and the USA. “Pioneering Businesses in Implementing ESG and Circular Economy” seminar On June 6, the Vietnam Economic Times, in collaboration with the Ministry of Natural Resources and Environment, held a seminar titled “Pioneering Businesses in […]

Harmonizing the interests of shareholders, employees, and society

26/05/2024 13:16

Vinatex and its member units are currently in the 2024 Annual General Meeting season. As of now, most of the companies have concluded their Meetings. Although the majority did not achieve their expected business results in 2023, they have all agreed to set ambitious plans for 2024, demonstrating their determination to seize the opportunities of 2024 – the pivotal year of the 2020-2025 term, to […]

Flexible loan policies are needed to maintain production.

23/05/2024 17:02

In 2023, enterprises faced many challenges, leading to a reduction in production and downsizing of business operations. Business efficiency also suffered a severe decline. In the first quarter of 2024, there are signs of recovery in the export market, including textile and garment products. Along with a decrease in bank interest rates, businesses are expected to increase their borrowing demand. However, many businesses struggle to […]

Vinatex is steadfast in the goal of maintaining resources amidst market fluctuations

22/05/2024 15:21

At the 2024 Annual General Meeting (AGM), Vinatex has developed key solutions and supplemented a number of important contents in the Vinatex restructuring project for the period 2021-2025, with a vision to 2030 to approve. This is considered a clear direction to help Vinatex identify business direction when the mainstream market no longer has much room for development, while steadfastly maintaining resources against market risks. […]