It is reported by Vietnam "Economic Times" that the Vietnamese Ministry of Planning&Investment is recently examining and approving two textile enterprises investing-abroad programs. One is Red River invests 300,000 U.S. dollars in Hong Kong to promote clothing products; the other is Ninomax invests 950,000 U.S. dollars to set up a fashion retail company in the United States.
It is also known that Hanoi T & T has been approved for the construction of a garment factory in Angola; Vietnam Textile Group is planning to establish a large-scale exhibition center and distribution center in Europe.