A new garment factory of the Hong Kong based TAL Group has become operational in Vietnam’s Vinh Phuc province. The new factory has been built at a cost of $50 million and is spread over 8 hectare. It is likely to manufacture around 12 million pieces per year, which would be meant for exports, especially to the US. It will create 3,500 new jobs. TAL Group has been operating in Vietnam since 2004, when it established TAL Apparel Limited in Phuc Khanh Industrial Zone in northern Thai Binh province. It received investment licence for the Vinh Phuc factory in 2014. TAL is one of the world’s leading clothing providers and ninety per cent of its products are exported to the US. Besides Vietnam, it has manufacturing units in China, Indonesia, Thailand, Ethiopia and Malaysia. About 25,000 employees work at TAL’s units to produce shirts, trousers, suits, blouses, knitwear and outerwear for several leading global brands.
