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Int'l fashion companies upbuild factories in Vietnam in succession

Int'l fashion companies upbuild factories in Vietnam in succession

Write: Siddartha [2011-05-20]

According to Vietnam Textile and Apparel Group, many large international garment and textile companies has invested in Vietnam to set up factories. Malaysia Pamatex Berhad Group has been allowed to invest more than 100 million U.S. dollars in ChuLai Open Economic Zone of the central Quang Nam province.

Likewise, Deawon from Korea has decided to invest in Danang Hoa Khanh Industrial Zone, to found a garment factory with a total investment of 8 million U.S. dollars. Earlier, Deawon established a garment factory in Ho Chi Minh Vinh Loc Industrial Zone, and a textile factory in Dong Nai Nhon Trach Industrial Zone .

Taiwan Formosa Group plans to invest over 400 million U.S. dollars in Nhon Trach Industrial Zone to expand the company's production. Earlier, Formosa had invested more than 500 million U.S. dollars.