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The opening ceremony of TAL's second garment factory in Viet Nam. — Photo baodautu |
HA NOI (Biz Hub) — Hong Kong-based TAL Apparel Group's US$50 million garment factory in northern Vinh Phuc Province has started operations.
The plant, for which TAL got an investment certificate in 2014, has an export capacity of 12 million shirts per year and provides 3,500 jobs.
This is TAL's second plant in Viet Nam. The company entered Việt Nam in 2004 with the $40 million Viet My Garment Textile and Garment plant in Phuc Khanh industrial zone, Thai Binh Province. TAL's two factories together provide jobs with stable income for more than 16,000 workers.
TAL produces products for huge global retailers in the US, EU and Asia and famous brands such as Burberry, Brooks Brothers, Banana Republic and Tommy Hilfiger.
To date, TAL has 11 factories in six countries, including China, Thailand, Indonesia, Malaysia, Ethiopia and Viet Nam, with a total output of 60 million units per year.
TAL said the group would continue to invest in modern technology to meet environmental standards, joining the global supply chain, and contribute to establishing the Made-in-Viet Nam label in the world market. — VNS