Coats Celebrates 25 Years in Vietnam and Launches New Services Business
Coats plc, the world’s leading industrial thread and consumer textile crafts business, is celebrating its 25 years of operating in Vietnam. The anniversary is marked by a gala event in Ho Chi Minh City, attended by over 350 guests, including representatives from both the Vietnam and UK governments, customers and suppliers. The dinner recognises the highly successful joint venture in Vietnam with Phong Phu Corporation.
The anniversary also marks the launch of Coats Global Services in Vietnam. This dedicated business provides the sewn product industries with expert insights, technical guidance and practical solutions to build efficiencies across the supply chain. In Vietnam, Coats Global Services will focus on enabling manufacturers and brands to make a step change difference to their operations through a range of productivity improvement tools and processes including lean manufacturing, shop floor training and colour management.
The Vietnam business is vitally important to Coats. It is a major hub in South East Asia for global apparel sourcing and, with the longer term ‘mega trend’ of the growth of the Asian middle class, the wider Asia region is fast moving from being primarily a manufacturing base to also being the world’s largest consumer market.
TLD