Home / Knowledge / News / Textiles / Garments bag most new investments in Ho Chi Minh City
Garments bag most new investments in Ho Chi Minh City
16
Jul '14
Ho Chi Minh City, the largest city in Vietnam, remained attractive for new investments in the garment and textile sector, and it received 70.62 percent of the total investment made in the city’s industrial zones in the first six months of 2014, reports Vietnam Plus.
 
The new investment in the clothing and textile sector includes capital inflow from both domestic and foreign companies.
 
The apparel and textile sector bagged nearly $200 million or 82.44 percent of the total foreign investment made in the first half of this year, according to the HCM City Export Processing and Industrial Zone Authority (Hepza).
 
Vietnam is one of the 12 countries currently negotiating a Trans-Pacific Partnership (TPP) agreement, which is expected to spur more investment in the country’s textile and garment sector.
 
To support the trend of increasing investment in the textile and apparel sector, Hepza will continue speeding up the establishment of new supporting industrial zones, according to the report.
 
Further, Hepze would also organize a Japan-Vietnam forum aimed at attracting investment from Japanese small and medium enterprises.
 

Fibre2fashion News Desk - India

Must ReadView All

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Textiles | On 27th May 2017

Indian exports can touch $325 bn in 2017-18: FIEO

Indian exports are on upward trend in last few months as the country...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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:
May 2017

May 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