German garment maker opens up
Viet Nam News, Vietnam
(29-11-2014)
HA NOI — Van Laack Asia, a German-invested garment maker, yesterday launched its US$3 million manufacturing facility, making garments for export in the Ngoc Hoi Industrial Zone in Ha Noi’s Thanh Tri District.
The plant, equipped with advanced German technology, covers a land area of 10,000sq.m. It is expected to produce more than 600,000 garments per year, meeting European standards, and will generate 600 jobs
Speaking at the opening ceremony yesterday, Christian von Daniels, CEO of van Laack GmbH, said, “In 1992, we selected Viet Nam as a production site outside Germany for our expansion of operations despite the fact that, at that point in time, no other investors had any experience in Viet Nam. Today, when Viet Nam has become a member of the WTO and the investment relations between the two countries flourish, we strongly believe we made the right decision.”
Van Laack GmbH has 125 years experience in the apparel industry, with 80 retail stores in 70 countries. The group has six plants outside Germany with total production capacity of over 1.4 million products per year.
Viet Nam recently beat out North Africa, China, the Philippines, Malaysia, Thailand and Eastern European to become the home of van Laack’s sixth garment factory.
German Ambassador to Viet Nam Christian Ludwig Weber-Lortsch praised the expansion of investment by van Laack Asia, viewing it as a symbol of successful German investment in Viet Nam. He expressed his hopes that more German enterprises would invest in Viet Nam. — VNS
