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Vietnam need to be cautious over licensing FDI textile, dyeing projects

Related Keywords: capability of providing accommodations to workers, Chinese, Foreign direct investment, import of outdated energy consuming technologies, Minister of Science and Technology, pour huge capital, satisfy occupancy rate in industrial zones, technological and environmental standards, textile and garment projects, TPP, Vietnam

As per the Foreign Investment Agency report, so far this year out of the $11 billion worth of foreign direct investment (FDI) poured into Vietnam; $3.5 billion went to textile and garment projects due to the Trans Pacific Partnership Agreement (TPP). The investments in the textile and garment industry have been increasing so sharply that this has raised concern.

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