As the country is growing as a textile and garment manufacturing destination, more and more entrepreneurs are expanding into this sector.
One such firm is Vietnamese Bao Minh Textile Joint Stock Company which has opened a new textile manufacturing factory at the Bao Minh industrial park in the Nam Dinh province.
The manufacturing unit is reportedly spread over 100,000 square metres of area. Media reports claim that an investment of around USD 70+ million has been made for the establishment of the textile factory.
The facility will serve as a one stop solution to operations such as fabric weaving, dyeing and finishing workshops, a warehouse, a power centre and offices.
Not only this, understanding the need of technology in today’s world, the unit has deployed advanced equipment and machinery from Fongs, Toyota, Otshoff-Singeing, Lafer, Staubli and Goller, as reported.
It is pertinent to add here that the company manufactures 35 million metres of woven fabric for major fashion brands around the world.