Over 4 months after the signing of the Memorandum of Understanding (MOU) between Vinatex and Coats Group on the production of flame-retardant fabrics and garments, Vinatex has well prepared for production, while Coats has actively promoted the market to export the first shipments in 2024. This can be seen as a new step in production, moving away from the increasingly competitive traditional textile garment manufacturing […]

As the market in 2024 is expected to remain unpredictable, Vinatex and its member companies have each devised their strategies and solutions to achieve their annual targets. One such solution involves venturing into niche markets, such as the production of flame-retardant fabrics, to increase product value. To gain deeper insights into the opportunities and challenges facing the textile industry in this new context, as well […]

In the context of business operations, a critical question arises: With the same equipment, resources, and personnel, why do some companies excel while others struggle? Economists have identified three key factors contributing to the development of a business: Capital, Labor, and TFP (Total Factor Productivity). But what exactly is TFP, and what does it mean for the development of Vinatex’s companies? The importance of TFP […]

In July, the Vinatex Fashion Product Development and Business Center (Vinatex PD&B) officially begins operations. This is one of the new sectors within the operational model of the Vinatex Fashion Center. On this occasion, Vietnam Textile-Garment and Fashion had an interview with Mr. Vuong Duc Anh, Director of the Vinatex Branch – PD&B. *Congratulations on the official launch of the Vinatex Fashion Product Development and […]

The development process of the management of representatives of the capital of Vietnam National Textile and Garment Group (VINATEX) at enterprises. Since 1999, when the first member unit of the Group was equitized, a new concept began to emerge within the title system: the representatives of the Group share at these joint stock units. In the early days, there was no clear memory or systematic […]

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 […]

According to President Ho Chi Minh, people are the most precious resource and the key factor in the success of the revolution. Throughout his revolutionary career, President Ho Chi Minh always considered human issues, human work, and human training as his primary concern and noble responsibility. Following his ideology, the Vietnam National Textile and Garment Group has been striving to promote the role of people, […]

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 […]

Press media is a vital channel for promoting enterprises, guiding public opinion, and building labor trust. In their mission, the press and businesses share a symbiotic relationship that supports mutual growth. In the special issue celebrating the 99th anniversary of the Vietnam Revolutionary Press Day (June 21, 1925 – June 21, 2024), the Vietnam Textile Garment and Fashion Magazine collected opinions from business representatives and […]