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Vietnamese delegation to woo Taiwanese textile sector
Mar '11
Vuong Tran Lam, General Director of the Vinatex Investment Joint Stock Company recently revealed that, the company is to send a group of textile industrialists to Taiwan to persuade investors there to invest in the Vietnam's new industrial zone.

The official said that, the delegation would get in touch with over 50 enterprises from the Taiwan Textile Federation, Taiwan Association of Computational Mechanics and other producers of agricultural items and consumer products, and would try to convince them to invest in the Bao Minh industrial zone in Nam Dinh, a province in the north of Vietnam.

The industrial zone spread on an area of 165.3-ha with a capitalisation of VND264 billion, intends to draw more and more investors to invest in textile and garment manufacturing and in state-of-the-art ecological goods.

The delegation members are looking forward to inking three deals amounting to US $2-3 million each, with the textile entrepreneurs in Taiwan.

The company also intends to organize investment promotion meets in Japan and Republic of Korea.

Fibre2fashion News Desk - India

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