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Garment 10 outsourcing for Uniqlo and Aeon

Released at: 17:32, 27/06/2017

Garment 10 outsourcing for Uniqlo and Aeon

Photo: VET

Corporation makes arrangements with two Japanese companies to provide garments.

by Quynh Nguyen

The Garment 10 Corporation is planning to provide outsourced work for Japanese clothing apparel company Uniqlo and retail giant Aeon, Mr. Than Duc Viet, Deputy CEO of Garment 10, was quoted by local media as saying.

The agreements are included in the corporation’s business development strategy for 2017 and the next decade. Garment 10 and Uniqlo are beginning the first steps of this plan and the company has also met with Aeon’s partners to send products to its supermarket network in Japan.

“We have experience working with Aeon so this agreement will be easier,” Ms. Hoang Huong Giang, Head of the Market No.2 Department at Garment 10, told the Dau Tu online newspaper. “We will produce garment products with private labels for Aeon.” 

Mr. Nishitoghe Yasuo, CEO of Aeon Vietnam, told a conference held by the Ministry of Industry and Trade that many Vietnamese enterprises are exporting products such as tra fish, fruit, garments, food, and household appliances to Aeon supermarkets.

Aeon imported $200 million worth of Vietnamese goods to its supermarket network last year, mainly garments and food. It is expected the volume will continue to increase in the years to come.

Garment 10’s export turnover to Japan accounted for more than 12 per cent of its total in recent years, up 15-20 per cent.

Vietnam’s textile and garment export turnover reached $28.5 billion in 2016, up 5.4 per cent against 2015 and the lowest rate since 2010.

Key markets for Vietnam’s major imports declined: the US by 4.5 per cent and the EU 3 per cent, while only Japan increased more than 1 per cent.

Japan is one of the key markets for Vietnam’s textile and garment sector, with export turnover of $2.9 billion in 2016, up 4.2 per cent against 2015.

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