VINATEX earns nearly 3 million USD in first quarter
04/18/2014 — 21:50(GMT+7)/Viet Nam News Agency, Vietnam
Ha Noi (VNA) – The Viet Nam Garment and Textile Group (Vinatex) posted revenue of 47 billion VND (roughly 2.93 million USD) in the first quarter of 2014, a 104 percent increase over the corresponding period last year.
The Viet Tien company led the six Vinatex members, hitting 10 billion VND, followed by Nha Be company with 7.2 billion VND and Det Phong Phu with 6.4 billion VND.
Under Vinatex’s estimations, there remain a lot of challenges confronting domestic textile and garment enterprises such as capital shortages, the fluctuating labour market and the upward trend in the prices of input materials. Read more about VINATEX earns nearly 3 million USD in first quarter …