VICTORIA, B.C. — AUSTRALIA will open a $30 million fund to help support Vietnamese fashion brand VAN LANG and the Women’s Clothing Company, the government said Thursday.
VAN Lang was founded in 2012 by women in Vietnam who wanted to create an innovative, innovative product that would be appreciated by a wider market, said Minister of State for Women, the Minister of Premier and the Minister for Finance.
“This will be a truly collaborative effort between the government and the companies involved to provide a significant contribution to a very important initiative in the Australian community,” Ms. Nguyen said.
It will include the establishment of a partnership program with the Vietnam-based women’s apparel company, The Vietnam Fashion Institute (VFI).
VFI has partnered with other leading companies including Gap, Target and Dillard’s, to launch a new clothing line for women.
The VFI has received funding from the Australian Government to help fund the brand.
According to a release from the Minister, VAN GENT, the name of the Vietnamese company that is now named after the iconic fashion brand, is a reflection of the women who create it, its culture, and the impact of its brand on society.
This is not only a brand to be proud of, but it is a symbol of hope, said Ms. Ng.
We are proud of this innovative product and the women at VAN GIANT who create this product, she said.
“This is an exciting moment for the Vietnamese community, and we look forward to working with all our partners to make this a truly sustainable project.”
The $30-million fund will be allocated through a $250,000 grant from the National Productivity Fund, and will be available to the VANGENT’s board, Ms. Ngo said.