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Vietnam's Tien Giang attracts $9 mn investment in 2018
14
Feb '18
The Mekong Delta province of Tien Giang in Vietnam has attracted two new foreign direct investment (FDI) projects worth $9 million, comprising a garment-textile company and a steel pipe producing company, according to deputy director of the provincial planning and investment department Nguyen Dinh Thong. The province is now home to 93 investment projects.

Tien Giang will step up administrative reforms to back businesses, a senior Vietnamese government official told a news agency.

The investment projects in the province include 66 FDI ones with a total capital of more than $1.89 billion. These generate jobs for 83,000 workers while occupancy rate at the provincial industrial parks has hit 64.29 per cent.

The industrial production value of firms operating in the province’s industrial parks since the beginning of 2018 has exceeded $230.83 million. Export turnover of these firms exceeded $180 million in that duration. (DS)

Fibre2Fashion News Desk – India


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