The subject is a subsidiary of COMTEXTILE (H.K) LIMITED from Hong Kong - a joint venture between the LT Apparel Group and the Hirdaramani Group of Companies, a Sri Lanka based apparel manufacturer for well over 50 years, owning factories in Vietnam, Bangladesh and Sri Lanka and managing a network of 8 buying offices throughout Asia and South East Asia. In Vietnam, the subject engages in manufacturing garment products such as jackets, pullovers, pants, boy knit tops, adult activewear, kid casual wear, jackets, woven shirt, etc.2023 is the most difficult year in the history of the textile industry. Textile enterprises faced disadvantages in price, exchange rate and interest rates compared to competitors such as Bangladesh and India. According to the Vietnam Textile and Apparel Association (Vitas), textile and garment export turnover in 2023 is estimated to reach USD 40.3 billion, down by 9.2% compared to 2022. The year 2024 is forecast to still have many difficulties for the textile industry because world demand has not shown signs of recovery.
Headquarters
Lot 4, Road 13A, Bien Hoa 2 Industrial Park, Long Binh Ward
Bien Hoa; South Eastern Vietnam;
Postal Code: 76000
Contact Details: Purchase the Fashion Garments 2 Co., Ltd report to view the information.
EMIS company profiles are part of a larger information service which combines company, industry and country data and analysis for over 145 emerging markets.
Request a demo of the EMIS serviceTo view more information, Request a demonstration of the EMIS service