Home / Knowledge / News / Apparel/Garments / AmCham Hong Kong to invest $1bn in Vietnam apparel sector
AmCham Hong Kong to invest $1bn in Vietnam apparel sector
27
Sep '13
The US Chamber of Commerce in Hong Kong (AmCham Hong Kong) intends to invest around US$ 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

Apparel/Garments | On 29th Jun 2017

Amazon intends to keep investing and growing in India

American online retail giant Amazon intends to keep investing and...

Textiles | On 29th Jun 2017

Vietnam’s textile & garment exports cross $10bn till May

Vietnam earned $10... billion from textile and garment exports in the ...

Textiles | On 29th Jun 2017

Indian textile industry will reach new milestone by 2020

By 2020, textile technologies will be highly advanced not only with...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Neel Sawhney
One Friday

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

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eric Scholler
Groz-Beckert

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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:
July 2017

July 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



X