Textiles & Fashion Lastest news
Vinatex will increase labor efficiency to 10-15%
Source: http://www.tuoitre.com.vnLast modified: Feb 5, 2009 16:51
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According to Vu Duc Giang - General Director of Vietnam Textile Group (Vinatex), this unit have urgently implemented several solutions improving equipment to increase labor efficiency to 10-15%, and tighten the cost of production to reduce 7-10% of price. Besides, the Group will promote exploiting traditional export markets as USD, EU, Japan ...In addition; they implement the trade promotion to the Middle East, Africa markets and several other potential markets in Eastern European. According to Mr. Giang, at present, nearly all members of Vinatex have signed export contracts with low price, about 3-5% compared with last year.

