Industry news

Viet Tien strives to achieve export turnover of $ 1 billion by 2020

06-02-2018

02/02/2018, at the White Palace Convention Center, 194 Hoang Van Thu - Ho Chi Minh City, Viet Tien Garment Corporation (Viet Tien) held a meeting to summarize business performance in 2017 and set out the 2018 mission.

Reported at the conference, Mr. Bui Van Tien - General Director of Viet Tien said that in 2017, the Corporation continues to maintain the leading unit of the Vietnam Textile and Garment industry in developing and applying new technology. to organize production, brand development, affirmed its position in the domestic and international market. By the efforts and solidarity of all employees, with breakthrough steps in production and business activities, the Corporation and the member units have exceeded the plan targets. Specifically, revenue reached VND14,124bn, up 11.4%, of which the parent company recorded VND8.29 trillion, up 12% y / y and its subsidiaries reached VND794 billion, up 1.5% y / y. reached 5,039 billion, up 12.6%; Pre-tax profit reached nearly 695 billion VND, export turnover reached 871 million USD, of which Japanese market accounted for 32%, USA 22%, EU 17% and other markets 29%; Average income of workers reached VND8,950 million, up 1.7%, ensuring jobs and living standard of workers have been improved.

In 2018, Viet Tien continues to promote the comprehensive solutions, bringing into play the internal strength of the traditional spirit of the Corporation, it is united, responsible, dynamic, creative, seeking solutions. New, good cooperation with customers, partners, efforts to overcome difficulties to bring the corporation more sustainable development, strive to achieve export turnover of $ 1 billion by 2020 with an average growth rate 10 years. To achieve this goal, in 2018, Viet Tien has proposed the following basic solutions: Post-investment projects must achieve the highest efficiency. To continue investing in expanding and moving production according to the trend of green projects in localities, concentrating on intensive investment, changing the application of new production technologies, investment in automation technology, investment in raising supplying information management system to production organization, planning work, sample design work, management ... Especially, organizing production for Viet Long Hung Co., Ltd in town. Go Cong, Tien Giang Province. This is a project of more than 10,000 employees and is a typical project for sustainable development, the highest international standard in the American architecture of green - Leed Platinum. This project and other investment projects throughout the system have been applied science and technology 4.0 and 2.0 operating system. To train human resources in various forms to supply investment projects to expand production of the Corporation and its member units. Reorganize the production management model and develop the most advanced labor management method in the industry. Maintaining the method of distributing wages over time for employees, continuing to care for and improving the living conditions of employees through improved salary distribution, bonuses, Tet, poor people, families of employees encountered difficult circumstances ... Launch emulation movement in production labor. Promoting thrift practice, improving production rationalization, applying advanced management procedures, enhancing added value of products, accelerating labor productivity, improving income and working conditions. employment for workers. Lean production technology is applied from the professional division to the production units. Upgrading the brand name of the market, developing distribution channels. Constructing traditional culture with bold Viet Tien with comprehensive solutions ..., striving to build Viet Tien into a multinational economic group.

Speaking at the ceremony, Le Tien Truong - General Director of Vietnam Textile and Garment Group praised the achievements of all staff of Viet Tien Garment Corporation in 2017. General Director Le Tien The school said that 2017 is a challenging year for the Vietnam Textile and Garment Industry. In the international market, this is the year of unmet demand, fierce competition in price, the textile and garment industry in Vietnam has only reached a growth rate of 10.3%, while large-scale Viet Tien. Maintaining a growth rate of 11.4%, higher than the average growth rate of the whole industry. Especially, in the context of high growth of Vietnam's textile and garment industry, the majority of them belong to foreign invested enterprises. Vietnam's average textile and apparel industry in 2017 only grew at about 8%, so with a record 11.4%, Viet Tien has the best growth rate in the industry. Mr. Le Tien Truong said Viet Tien will continue to affirm to shareholders, customers, partners and all employees a sustainable competitive position, enterprises have a reputation, power and has been marked. on the domestic and foreign markets. In the year 2018, Viet Tien will improve production efficiency, sustainable development, high labor productivity, investment in garment production by modern technology, automation technology, technology 4.0 ... Viet Tien is not only manufacturing garments but also becoming a technology company of Vietnam's garment industry.

Also at the conference, representatives of Viet Tien leaders presented souvenirs to 05 export customers and 05 typical agents in 2017, commended to collectives and individuals with outstanding achievements in production activities. Business turnover in 2017 with the total amount of nearly 17 billion.

Theo vinatex.com