VINATEX INVESTMENT

On June 12th 2007, representatives of the Vinatex Group convened a meeting with a number of its own member-companies and other enterprises with specific strengths in order to discuss the establishment of an investment joint stock company.

In order to seize the opportunities made possible by current conditions and trends, the representatives unanimously founded Vinatex Investment Joint Stock Company as an effective tool for joining forces and for developing the capacity of each member-enterprise.

Date 06 August 2008, VINATEX Investment Joint stock company was official established due to the Business Registration Certificate no. 070300851 from Department of Planning & Investment of Nam Dinh province. The charter capital is 81.000.000.000 VND (81 billion VND). The CEO is Mr. TRAN DANG TUONG.

BMIP is located in Vu Ban district, 8km away from Nam Dinh City, where the Board of Directors (BOD) decided to invest into the size of 165 ha (first phase), the estimated total investment is around 320 billion VND. Based on the schedule that BOD of VINATEX had announced, BMIP is going to welcome investors from January, 2009.

BMIP Opening CeremonyBMIP Investment Contract