Related Keywords: Chinese investor in Vietnam, coming with cheap labor, destruction of environment, fiber plant, intensive use of natural resources, prevent Chinese FDI projects, Texhong Group, textile-garment chain, Vietnam need to tighten regulations on FDI
Vietnam need to tighten regulations on FDI to prevent Chinese FDI projects coming with cheap labor, intensive use of natural resources and destruction of the environment, experts said. Texhong Group is the most notable name among Chinese investors in Vietnam, with a $300 million fiber plant in Quang Ninh Province, which went into operation in 2013.