Paul Forman, Group Chief Executive of Coats plc (L) and Bill watson, Managing director of Coats Phong Phu. — VNS Photo

HCM CITY (Biz Hub) — Coats plc, the world's leading industrial thread and consumer textile crafts business, celebrated its 25 years of operating in Viet Nam on November 13 in HCM City.

The anniversary ceremony was attended by over 350 guests, including representatives from the governments of Viet Nam and the UK, customers and suppliers.

The event also recognised its highly successful joint venture in Viet Nam with Phong Phu Corporation.

The anniversary also marked the launch of Coats Global Services in Viet Nam. This dedicated business provides sewn product industries with expert insights, technical guidance and practical solutions to build efficiencies across the supply chain.

In Viet Nam, the service focuses on enabling manufacturers and brands to make a difference to their operations through a range of productivity improvement tools and processes, including lean manufacturing, shop floor training and colour management.

Paul Forman, Group Chief Executive, Coats plc, said: ‘Viet Nam is a country of great potential and we are tremendously proud of the outstanding levels of success and productivity that our business here has already shown. Our 25th anniversary is an important corporate milestone and one which could not have been achieved without the close support of, and strong relationship with, our joint venture partner Phong Phu Corporation.". — VNS