Worldon Vietnam, a subsidiary of one of the biggest Chinese textile and garment companies, Shenzhou International Textile Group, has recently invested more than US $700 million in Vietnam.
“Worldon Vietnam in Dong Nam Industrial Park, Cu Chi district will also be recruiting nearly 8,000 new workers by the end of 2023 for its garment factory,” media reports stated.
The HCM City Labour Federation is running a worker recruitment drive on December 17, in which World on Vietnam will be the most prominent recruiter.
“Due to the stability of orders, we are expanding our production capacity. The new capacity addition will mean recruiting thousands of workers,” Zhou Gao Feng, Director of Worldon Vietnam, said.
“We are spending about $700 million in enhancing our apparel production capacities,’ Feng added.
Gain Lucky Company, another subsidiary of Shenzhou International, which was set up earlier, produces knitted, crochet, and nonwoven fabrics.
Gain Lucky Company spans over a built-up area of 300,000 sq meters. It has been built on 83 hectares and will be supplying fabrics for the newly set up garment plant of Worldon Vietnam.
Shenzhou International Textile Group is listed on the Hong Kong stock exchange and is vertically integrated, producing yarns for apparel and supplies to brands like Nike, Adidas, Puma, and Uniqlo.
