Vietnam Joins TPP To Attract Investment From Foreign Textile And Garment Manufacturers

< p > in less than 1 months, at least 4 foreign countries are in the field of textile, clothing and fiber producers to come to a href= "//www.sjfzxm.com/news/index_c.asp" Vietnam "/a" investment.

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< p > China's Jiangsu Yulun < a href= "//www.sjfzxm.com/news/index_c.asp" > textile garments < /a > has been granted an investment license and invested in the textile and dyeing and finishing plant with a total investment of US $68 million in the industrial area of Nam Dinh.

According to the Nam Dinh Provincial Industrial Area Management Committee, the total plant area of the above investment projects is 8 hectares. The annual production capacity of the plant is estimated at about 9816 metric tons, the annual production capacity of the textile is 21 million 600 thousand meters, and the annual production capacity of dyeing and finishing is about 24 million meters. The plant is expected to be put into production in 2016 years.

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< p > in addition, a Hongkong investor is also planning to invest in the textile and garment industrial area of about 1 thousand hectares in Yi Xing county of the province. At present, the Nam Dinh provincial government is deliberated and will be examined by the central government.

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< p > in addition, in Hu Zhiming City, the Forever Glorious company under the Sheico group of Taiwan also undertook to allocate 50 million US dollars to carry out a complete investment case of the production of advanced garments from textiles to underwater sports.

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< p > the Gain Lucky Lucky company, which specializes in Nike, Adidas and Puma trademarks such as a href= "//www.sjfzxm.com/news/index_c.asp" and "clothing production /a", has promised to invest 140 million US dollars.

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< p > according to the Management Committee of the processing and export area of Hu Zhiming Industrial Zone, the investor has set up a Vietnam Worldon Limited Liability Company to develop an investment case for the fashion design and clothing production center with an area of 45 hectares in the southeast industrial area.

The Committee believes that the purpose of the case is to meet the business opportunities of Vietnam's entry into TPP.

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When p was signed, Vietnam had the advantage of exporting. However, the origin rules of "Yarn Forward" (starting from yarn) of TPP require that Vietnamese textile and garment exporters must use raw materials imported from domestic production or from other member states of TPP (press: excluding China). "TPP"

Therefore, in the near future, many textile and garment manufacturers such as China, Taiwan and Hongkong have come to Vietnam to invest in the construction of fiber and textile dyeing and finishing factories.

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< p > it is reported that after many consultations, the Vietnamese textile and garment industry's most difficult and weak point in the textile clothing consultation topic is still the textile manufacturing and dyeing and finishing projects.

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< p > Vietnam textile industry says that the investment and production of fiber, dyeing and finishing need technical know-how, large investment funds and skilled staff, so few enterprises invest in production.

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