Related Keywords: decline in FDI capital, dying and garment sector, enviromental problems, large scale projects, not garment outsourcing, rethinking to consider FDI project, Textile, TPP trade agreement, turned down foreign investment projects, using modern technologies, Vietnam City investment promotion center, Vietnam textile and garment industry
Vietnam's Da Nang City’s Investment Promotion Center though saw a sharp decline of 45 percent in foreign direct investment (FDI) capital in the first three months of the year still turned down two foreign invested projects capitalized at hundreds of millions of dollars on the grounds that they may cause environmental problems.
Both of the projects were in the textile, dying and garment sector, including a $200 million project registered by an investor from Hong Kong and another registered by an investor from South Korea.