Home / Knowledge / News / Apparel/Garments / Vietnam denies licenses to new garment projects
Vietnam denies licenses to new garment projects
27
Mar '12
Local authorities in Vietnam are increasingly refusing 'go-ahead' permission to new textile and garment projects. While environmental pollution threats are impeding the approval of textile projects, garment projects are losing favour for their incapacity to contribute much to the country's economy.

As contended by the Vietnam Textile and Garment Group (Vinatex), it has been enduring difficulties in executing new projects as local authorities are limiting issuance of licences to textile and garment enterprises.

Deputy Director of Hung Yen provincial Planning and Investment Department, Tran Quoc Van, said there already exists a textile and garment industrial zone in Hung Yen province, and provincial authorities have been extending all possible assistance to the projects in the zone.

However, in future they might act more vigilantly in sanctioning projects outside the industrial zone, and may limit licensing of textile and garment projects, he said.

After a long period of trying to draw maximum number of investment projects, local authorities in Vietnam have now adopted a different outlook and are focusing on enhancing the quality of investment rather than chasing the number.

The authorities are now focusing on attracting projects with state-of-the-art technology which can help them in enhancing value, while supporting development of local economies. This has greatly raised the difficulties of textile and garment investors in the northern provinces of Hung Yen and Thanh Hoa as well as in the southern provinces of Dong Nai and Binh Duong.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search