More factories in Vietnam! HanesBrands’ VP meets Deputy PM of Vietnam - PowerPoint PPT Presentation

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More factories in Vietnam! HanesBrands’ VP meets Deputy PM of Vietnam

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HanesBrands, the American clothing firm, has announced to open more factories in Vietnam to expand its presence in the country. – PowerPoint PPT presentation

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Title: More factories in Vietnam! HanesBrands’ VP meets Deputy PM of Vietnam


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More factories in Vietnam! HanesBrands' VP meets
Deputy PM of Vietnam... HanesBrands, the US-based
apparel company, plans to increase its number of
factories in Vietnam. This announcement was made
by Jerry Cook, Vice President, HanesBrands,
during his recent meeting with the Deputy Prime
Minister of Vietnam Trinh Dinh Dung.
Cook also said that he expects more support and
cooperation from the Government agencies in
Vietnam especially in the areas of customs and
taxes.
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The Deputy Prime Minister expressed happiness
over HanesBrands' decision to expand in Vietnam
and assured that the Government of Vietnam is
committed to provide complete support to
HanesBrands and other US companies to establish
in Vietnam.
He also added that several American firms
including HanesBrands played an important role in
strengthening trade and investment relations
between both the countries.
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HanesBrands, at present, has 7 plants in Vietnam,
which contributes 26 per cent of Group's total
global output. Back in 2017, HanesBrands Vietnam
launched its cutting workshop to complete the
supply chain.
Notably, the reputed American firm, which mainly
manufactures panties, bras and underwear among
other products, had an export turnover of US
400 million in 2018 from Vietnam.
2019 could be big for HanesBrands Vietnam!
Apparel Resources provides latest news, features,
analysis, retail sourcing trends of the apparel
and textile industry.
For More Details Visit https//apparelresources.
com/
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