Vinatex And Petrovietnam Want To Cooperate In Supplying Polyester Fiber.

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< p > Vietnam a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > and Garment Group (Vinatex) and Viet Nam state oil and natural gas group (Petrovietnam) discuss the production and supply of polyester fibers for textile industry.

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< p > today (2014) July, Petrovietnam general manager Do Van Hau met with the leaders of Vinatex. In order to reduce the dependence on imported polyester fibers, we discussed strengthening cooperation between them.

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< p > Vinatex stated that two state owned enterprises had exchanged their "business status" in the first half of this year and discussed ways to promote consumption of polyester fiber.

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< p > Vinatex added that in order to increase the added value, profit, income and foreign exchange, the company hopes to gradually increase the ratio of textile end products exported to the domestic market.

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< p > Vinatex is currently preparing IPO (the first public offering), hoping to increase profits and enable the company to make further investments.

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Le Tien Truong, deputy general manager of P Vinatex, thinks that after privatization, the company will perform better and continue to play an important role in the Vietnamese textile and garment industry.

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The negotiation of the P p Pacific Partnership Agreement (TPP) has been going on for 5 years. Vinatex also expects the IPO of the company to be ready for joining TPP.

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< p > once the TPP is added, Vietnamese garments will be more competitive than the garments made from mainland China (currently Vinatex imports many tableland materials from mainland China).

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P Vietnam textile industry supplies textile products to more than 50 countries in the world. It is the largest supplier in the United States after China.

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< p > > a href= "//www.sjfzxm.com/news/index_p.asp" > Vietnam < /a > is one of the 12 member states of TPP. After the implementation of TPP, the export of Vietnam will be promoted.

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