Home / Knowledge / News / Textiles / Chinese firms check out investment prospects in Vietnam
Chinese firms check out investment prospects in Vietnam
06
May '15
A delegation of representatives from 18 companies from China’s Fujian province met officials of Vietnam’s Binh Duong province this week to learn about the local investment climate and seek business opportunities, Vietnamese media has reported.

Vice Chairman of the Binh Duong People’s Committee Tran Thanh Liem said the southern province is one of the top foreign investment destinations in Vietnam with 2,460 projects worth nearly $21 billion. China specifically is running 204 projects with a registered capital of $1.4 billion.

Binh Duong is committed to providing the best possible conditions for business activities, he said, adding that it prioritises projects that are environmentally friendly, highly competitive, and use cutting-edge technology.

Leading the Chinese group, Head of the Business News section at the Haixia Metropolis Daily Chen Xiaogang said the delegation included representatives from footwear and apparel firms that want to learn about local investment policies.

They hoped to receive more information about tax and land incentives given to investors, he noted.

At the working session, Binh Duong agencies introduced the local business environment and central Government incentives, especially those regarding enterprise income tax and import-export tariffs. (SH)

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Tego

Apparel/Garments | On 18th Jul 2018

Tego plans to expand product range in 2018-19

Tego, a company that creates premium athletic gear for modern...

Courtesy: Pexels

Apparel/Garments | On 18th Jul 2018

US clothing retail sales up 4.6% in June 2018

Despite the US trade war with China and other countries, sales in...

Waltonchain COO Monitor Chan (left) with director of Kaltendin Product Centre, Zhang Zhengxiong. Courtesy: PRNewswire/Waltonchain

Apparel/Garments | On 18th Jul 2018

Kaltendin & Waltonchain launch WTC-Garment system

The leader in blockchain + IoT, Waltonchain, and China's high-end...

Interviews View All

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Urmil Arya

Sushila International, a well established textile organisation established ...

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Suresh Patel
Sidwin Fabric

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Tony Ward
Tony Ward

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

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search