Home / Knowledge / News / Apparel/Garments / AmCham Hong Kong to invest $1bn in Vietnam apparel sector
AmCham Hong Kong to invest $1bn in Vietnam apparel sector
Sep '13
The US Chamber of Commerce in Hong Kong (AmCham Hong Kong) intends to invest around US$ 1 billion in Vietnam in the field of production of raw materials for garment industry, according to Mark Gillin, chairman of US Chamber of Commerce in Vietnam (AmCham Vietnam).
The AmCham Vietnam chairman said this during a meeting held with the local government of the Dong Nai province in the country, in order to discuss possibilities for expanding cooperation in the field of foreign investment and promotion of exports.
The province of Dong Nai in Vietnam has 34 industrial parks which have been approved by the Minister for Planning and Development, out of which currently 27 are operational.
As of now, the province has 1,402 international projects from 40 countries and territories with an investment of nearly US$ 24 billion, of which the US has initiated around 32 projects with an investment of US$ 187 million. 
Mr. Gillin also said that the AmCham Vietnam is eager to cooperate with the provincial government of Dong Nai and discuss investment opportunities especially in the garment sector. 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 21st Feb 2017

Net profit at Indorama Ventures zooms 145% in 2016

Net profit at Thailand headquartered and Aloke Lohia led Indorama...

Information Technology | On 21st Feb 2017

ThreadSol launches IntelloBuy & IntelloCut in Vietnam

ThreadSol, the pioneer of enterprise material management for sewn...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Milind Khandwe
Hindoostan Innovation Centre

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

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Marcel Alberts

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

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Wendell Rodricks
Wendell Rodricks

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

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search