History and development
Pursuant to the strategic development of the textile industry by 2020 was approved by the Prime Minister's Decision No. 36/2008 / QD-TTg dated 10/03/2008; Decision 42/2008 / QD-BCT dated 19/11/2008 approving development plans textile industry in 2015, driven by 2020.
To implement the strategic invest and develope capacity of Vietnam Textile Corporation. VINATEX INVESTMENT DEVELOPMENT CORPORATION was established in June 2012, to invest in development projects 300 sewing lines expand operations, increase competitiveness, increase the capacity of Vietnam Textile and Garment Group in the industry and most special is to build a modern, comfortable , convenience and efficiency manufacturing model for the garment industry in Vietnam. Products produced to international standards, export service. Also contributing to the restructuring of the local economy, resolving employment for thousands of workers.
By 2014, IDC VINATEX had started operated factories:
- Nam An Garment Factory in Nam Dinh city with 700 employees (stage 1).
- Vinatex Tu Nghia Garment Factory at Tu Nghia District, Quang Ngai Province with 1,500 employees.
- Vinatex Huong Tra Garment Factory in Huong Tra town , Thua Thien Hue province with 1,000 employees
- Under construction, period 1 Vinatex Bong Son Garment Factory with 1,000 employees had been operated in January 2015
Manufacturing and trading of export garment were identified as the key task of the Company in the current period.