Billion Rise Knitting opens new facility in Vietnam
Hong Kong based Billion Rise Knitting, a specialist of seamless knitting, has inaugurated the first phase of a new state-of-the-art factory in Thanh Hoa, Vietnam, not far from Hanoi. The $100 million investment includes two additional phases, with the addition of knitting, dyeing and printing capacity in late 2027 and late 2029.
“Billion Rise has built a strong reputation for producing high-volume, technically complex performance fabrics, making it an increasingly attractive sourcing destination for US activewear, swimwear, and intimate apparel brands,” said JP Brogan, US head of sales and marketing. “With a well-established garment manufacturing base, Vietnam also offers brands the opportunity to localise more of their value chain, from fabric production through finished garments.”
The new facility is expected to take advantage of a shift in sourcing by international brands and Vietnam’s preferential status as an exporter to the EU.
