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Wed, 04/03/2024 - 10:34
Submitted by maithuy on Sat, 02/18/2012 - 12:36
The Viet Nam National Textile and Garment Group (Vinatex) and its member companies have committed to reduce production costs in accordance with guidelines from the Government and the Ministry of Finance.

Under the guidelines, Vinatex set a target of decreasing managerial and production costs between 5 to 9 per cent to bring in profits of VND1.6 trillion (US$76 million).

To achieve this target, the group will focus on applying advanced management methods, trial models, focused materials and inter-inventory among business sectors to reduce liquid capital and save energy.

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