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D&Y Group gets approval for its two new textile technology projects

Related Keywords: anti bacterial textile, D&Y Group, denim dyeing technology, domestic textile expert, paint staining technology, spinning production technology, textile and garment, textile technology project, vehicle interior fabrics

Shandong DAIYIN Textile and Garment Group (D & Y Group) get approval for it two new textile technology projects, by an appraisal committee of nine well-known domestic textile experts led by the Chinese Academy of Engineering academician Yao Mu.

Chinese firms to make investment in Vietnam textiles to take TPP benefits

Related Keywords: Chinese investors, textile and garment, Vietnam

The Trans-Pacific Partnership (TPP) of which Vietnam is a member is in the final stretch of negotiations, will lower import taxes in many large member economies like the US, Canada, Australia, and Japan. China is not a member. Import tariffs in the US, the biggest buyers of Vietnam’s leading export, textiles, will be cut from 17-32 percent now to zero. Chinese firms have started making their move into Vietnam to set up garment and textile factories to take benefit of the TPP.

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