Vinatex and J.&P. Coats, Limited have recently inked a strategic pact to develop fire-resistant fabrics and garments. Under the agreement, Vinatex will leverage COATS' closed-loop technology process to produce fire-resistant textiles, meeting stringent industry standards. These fabrics will serve sectors like welding and mining, demanding robust protective gear.

COATS, in turn, will oversee technology copyrights, product design, and global distribution, ensuring competitive offerings. 

Vinatex's CEO, Mr. Cao Huu Hieu underscored the move's alignment with their eco-friendly fashion agenda, aiming to attract further industry collaborations. With Vietnam's pivotal role in textile exports, Vinatex aims to achieve significant revenue targets, signaling a promising trajectory for the partnership.