Related Keywords: dyeing and weaving factory, foreign direct investment projects, foreign investors expanding existing projects, likely to exceed the target, many large scale new, poured around $2 billion worth investment, textile and garment sector, textile and garment exports, this year as three years ago, USD 30 billion, Vietnam not witnessed, Vitas
Vietnam has not witnessed many large-scale new foreign direct investment (FDI) projects in its textile and garment sector this year as was seen three years ago. However, foreign investors are seen expanding their existing projects, pouring around $2 billion worth investment into this sector this year to date, as a result Vietnam’s textile and garment exports turnover in 2017 likely to exceed the target of $30 billion, according to the Vietnam Textile & Apparel Association (VITAS). The turnover was $17 billion in the first seven months of this year.
