Opening of a garment and embroidery factory in Lào Cai
VIETNAM, April 22 –
The delegates visit the factory. — Photo VNA/VNS Quốc Khanh
LÀO CAI — The first phase of a garment and embroidery factory opened Thursday in the mountainous northern province of Lào Cai.
Invested by Babeeni Vietnam Co, the factory has a planned total area of 48,600 m². Of which, the first phase is built on an area of 6,500 m² with a total investment of nearly 100 billion VNĐ (8.6 million dollars).
The factory will create jobs for 500 local workers and export up to 1.5 million trouser and shirt products per year to foreign countries in the first phase.
This is the company’s third plant in the country. The other two are already operational in the north of Hải Dương province.
In his speech at the ceremony, Hoàng Quốc Khánh, permanent vice-president of the Provincial People’s Committee, praised the company’s decision to build its factory in the locality.
The opening of the plant was appropriate for the current situation as the locality had many workers who had lost their jobs due to the COVID-19 pandemic, he said, adding that the operation of the factory would help create jobs, helping to provide social security for the province. .
Dương Thị Phương Hiền, general manager of Babeeni Vietnam Co, said the opening of the third factory in Lào Cai will help her company surpass the VNĐ800 billion mark in revenue from children’s clothing embroidery in 2022.
The company would continue to invest in equipment and machinery to expand production and create an additional 2,500 jobs for the local population. —VNS