Prym Intimates, a division of the Germany-based William Prym Group, has inaugurated its newest manufacturing facility in Hung Yen, Vietnam, near Hanoi.
Commencing operations on 3 March 2026, the plant marks Prym Intimates’ fourth manufacturing location globally, further strengthening its international production network.
Established in 1530, the William Prym Group is among the world’s oldest family-owned industrial companies, operating four divisions, with Prym Intimates specialising in the global intimate apparel sector. The company manufactures accessories for intimate apparel, including components for bras and related products, with existing facilities in Sri Lanka, China, and Indonesia.
The new Vietnam facility enables Prym Intimates to serve brands and vendors in key sourcing regions more efficiently. By positioning production closer to garment manufacturing hubs, the company helps reduce lead times and enhances supply chain flexibility.
Vasu Wijegoonawardane, Divisional Head of Prym Intimates, commented:
"In today’s fast-moving market, speed and agility are critical. Our expanded manufacturing footprint allows brands and vendors to respond quickly to changing customer demands while ensuring reliable and efficient supply."
Operating across multiple countries, Prym Intimates maintains consistent product quality and service through standardised processes, platforms, and technology, allowing customers to source confidently from any location. Recognised for its innovation, design capabilities, and continuous product development, the company remains focused on anticipating market changes, adapting rapidly, and delivering solutions that create value for its global partners.
25 CBSL Officials Participate in Capacity-Building Program at Reserve Bank Staff College, Chennai
A 25-member delegation from the Central Bank of Sri Lanka (CBSL) visited India from 2–6 March 2026 to participate in a specialised Training and Capacity-Building Program on “Financial Frontiers – Innovation, Resilience and Internationalisation.”
The program followed an announcement by Indian Prime Minister Narendra Modi during his visit to Sri Lanka in April 2025, under which India committed to offering 700 customised training slots annually for Sri Lankan professionals.
Conducted by the Government of India at the Reserve Bank Staff College, Chennai, the week-long program equipped central banking officials with contemporary insights into financial innovation, systemic resilience, and currency internationalisation. Combining theoretical frameworks, practical case studies, global experiences, and interactive sessions, the program strengthened strategic understanding and policy readiness.
Participants gained knowledge of emerging technologies impacting central banking, best practices in reserve management, currency internationalisation, payment systems, and fintech regulation, while also benefiting from networking opportunities with peers and experts.
The program contributed to enhancing professional competencies, promoting knowledge exchange, and deepening institutional and government-to-government linkages in the financial sector, reflecting the shared commitment of India and Sri Lanka to capacity building and people-centric economic cooperation.
Prym Intimates Expands Global Operations with New Manufacturing Facility in Vietnam
