Vietnam explores business opportunities in Armenian

Vietnam: Vietnam National Textile and Garment Group (Vinatex) recently visited Armenia to initiate business projects in the country. The Vinatex delegation was on a look out for cooperation from apparel companies that have an extensive distribution network in Russia and other European countries to increase the country’s export.

Vietnam: Vietnam National Textile and Garment Group (Vinatex) recently visited Armenia to initiate business projects in the country. The Vinatex delegation was on a look out for cooperation from apparel companies that have an extensive distribution network in Russia and other European countries to increase the country’s export.

The Armenian Government further said that it aims to associate with firms like Vinatex to boost the domestic garment industry as well. Vinatex will bring production experience to Armenia. The media reports claim that Vinatex will initially provide machinery and production supervision to Armenian companies once deals finalise.