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Related Keywords: attract large number of Taiwanese companies, beneift from TPP, cotton yarn, first foreign investors in Vietnam, investment plan, largest Taiwan-invested project, manufacture supporting products, Polytex Far Eastern, processing and manufacturing sector, TAITRA, Taiwan Trade Centre, textile production chain, Vietnam fast growing market

Vietnam's fast-growing market has attracted a large number of Taiwanese companies with investment plans. In fact Taiwanese companies are among the first foreign investors in Vietnam with plan to invest in a textile production chain to benefit from the upcoming, Trans Pacific Partnership (TPP) said John Tang, director of the Taiwan Trade Centre (TAITRA) office in HCM City at a recent press conference.

Related Keywords: Culp, Culp home fashion division, finishing and fabric, investment plan, mattress, mattress fabric operation, production capacity, upholstery fabric

With four decades of innovation and quality, Culp Inc. headquarters in High Point, NC., supplies a wide range of mattress and upholstery fabrics across the globe. Culp Inc.’s Home Fashions Division plans investment of $9.5 million to expand its mattress fabrics operations.

The two-phase project includes a building expansion, and additional finishing and fabric production capacity; with a late fall 2014 phase one completion target and early spring 2015 phase two target. The capacity expansion will include operations in the United States, Canada, China and Poland.