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On November 5, 2012, the signing of the joint venture established between Sunrise textile co., Ltd (Shengzhou) and China Investment Corporation and development Natural Male was held solemnly in number 10 Nguyen hue, District 1, Ho Chi Minh City. Attending the ceremony are he Vi area of consular-level affair, Counselor of the Republic of China; Mr. Bui Xuan Khu, Deputy Minister of industry and trade, Vietnam; Mr Le Trung Hai, Deputy General Director of VINATEX Textile Corporation; ITOCHU Corporation representative, Vietnam (VCOSA Cotton Association and the ANZ Bank, Bangkok, construction and traffic.

 

Khai mac triene lam

Angel is spinning top businesses of Vietnam, there are 4 plants with a total of nearly 25,000-capacity fibers 150,000 tons of yarn per year, 70% of exports to the markets of Turkey, Brazil, Indonesia, South Korea, China ... Sunrise is a major Corporation in the world, is one of China's famous brand of fabrics made of dyed fabrics and does not wrinkle, not small band ... has a global distribution system for famous brands such as Polo, Burberry and other leading brands of Japan The Italian, ...

Mourn over
The project established Textile company is Natural South Sunrise has a total investment of us $ 24 million to build woven factory with capacity of 1 million meters per month and knitted fabric capacity of 300 tons per month. According to the shareholders established venture, it is the convergence projects are all three elements of nature-Geographical advantage-people. In it, nature is the Vietnam is in the process of negotiations to join the trans-Pacific partnership agreement-TPP. When Vietnam join the TPP, with preferential tariffs (largely would equal 0%), this will be the opportunity to develop tremendous business opens for Vietnam's exports to the U.S. market, including textiles-sewing. On the location factor, Nam Dinh is the cradle of formation and development of the textile industry in Vietnam, is a very convenient location for the operation of the joint venture. With 100 years of history on the formation and development of the local textile industry, Nam Dinh crystallized in the essence, the valuable experience, the socio-economic conditions conducive to production and business operations of the companies in the textile industry. Besides, this project also developed Human factors, expressed first of all in a spirit of trust, cooperation, concentric agreed between the members, the personal key leaders in the venture. Furthermore, this project also received the support from Nam Dinh Province Government for implementing the investment project the textile venture in Bao Minh industrial park. With the convergence of three factors nature – Local benefit-people, the venture project established the celestial Southern textile company Sunrise is a promising project and practicability.

Former Vice Minister of industry and trade Bui Xuan Khu, Vietnam found that venture creation is consistent with the trend shifting production of textiles and mean with Vietnam textile & garment industry in reducing the deficit, reduce production, increase the competitiveness of Vietnam textile. He believed that certain venture will reap success with solid steps were planned.