Bac Lieu and Can Tho plants to bolster production capacity and support Mekong Delta's socio-economic growth.
On April 22 the Vietnam National Textile and Garment Group (Vinatex) commenced construction of two garment plants at the Tra Kha Industrial Zone in the Mekong Delta’s Bac Lieu province and in the administrative center of Vinh Thanh district in nearby Can Tho city. The two plants are expected to help speed up the development of the new rural area model and the Mekong Delta program to build new rural areas in cities.
The Bac Lieu plant has investment of VND150 billion ($6.9 million) and an area of over four hectares. Annual production is to be more than 5 million garment products, earning estimated export revenue of $20-30 million per year and generating jobs for nearly 2,000 workers.
Vinatex Can Tho is being built on an area of three hectares and will employ over 1,500 workers producing 4 million to 5 million products a year. Annual exports are expected to stand at $20-30 million.
According to Vinatex’s website, both plants will meet quality requirements in place for export and for domestic supply and improve its chain of weaving and dyeing to help it be active in almost all stages of the garment supply chain. They are also key projects for the garment group after it became a joint stock company.
The new plants are hoped to enhance competitiveness and production capacity as well as increase profits for the group, having a positive impact on socio-economic development in both Bac Lieu and Can Tho.