Vinatex opens fashion supermarket in Da Nang

Vietnam National Textile and Garment Group (Vinatex) and Hoa Tho Textile Garment Joint Stock Corporation recently opened Vinatex-Hoa Tho Fashion supermarket at 78 Bach Dang in Da Nang city. This is the 55th supermarket in Vinatex Mart fashion supermarket chain managed by Vinatex Fashion Trading Company and the fourth biggest one invested by Hoa Tho in Da Nang. The supermarket Viantex-Hoa Tho will display and sell fashion garment products manufactured by Vinatex's member enterprises, for younger people, entrepreneur and kids. Mr Tran Van Pho, General Director of Hoa Tho said that the investment in this supermarket would strengthen domestic market share of both Vinatex and Hoa Tho to cope with competition from retailing after January 1, 2009. Sources said that by the 2011, Vinatex intends to increase the number of fashion supermarket chain across the nation. Now domestic market will get high quality fashion brand and professionally will be at par with the international brands.