News Tags

Related Keywords: American Apparel & Footwear Association, coming time, even without TPP, export growth, garment and textile exports to US, in Vietnam, likely to increase, Nate Herman, seeking their own investment opportunities, Senior Vice President, Southeast Asian country, supply chain, US garment and textile businesses, Vietnam continued to surpass rivals

The Southeast Asian country’s garment-textile and footwear exports to the US are likely to increase in the coming time, even without TPP, according to Nate Herman, Senior Vice President of the American Apparel & Footwear Association (AAFA) Supply Chain as the US garment-textile and footwear businesses are seeking their own investment opportunities in Vietnam after the US withdrawal from the Trans-Pacific Partnership (TPP) earlier this year.

Related Keywords: aims to improve the fabric and garment supply chain, capacity expansion plans, company with USD seven hundred sixty million investment, Far Eastern New Century Corp, FENC, in Vietnam, knitted fabrics, open a new plant for production of knitted fabrics, Taiwanese textiles giant

Taiwanese textiles giant Far Eastern New Century Corp (FENC) to open a new plant for the production of knitted fabrics in Vietnam. The company with the US$ 760 million investment aims to improve the fabric and garment supply chain.

The capacity expansion plans are part of the company’s investment project in the country over the next three years. The new plant is expected to manufacture 6,000 tonnes of knitted fabrics this year.

Related Keywords: better serve the Southeast Asian market, creora spandex, global nylon growth strategy, Hyosung, in Vietnam, leading producers of Nylon, MIPAN Aqua X, plans investment, startup new MIPAN nylon manufacturing factility, state-of-the-art facility, upcoming Outdoor Retailer Show, will launch new freshgear odor neutralizing nylon

HYOSUNG, one of the leading producers of Nylon as the next step in it’s global nylon growth strategy and to better serve the Southeast Asian market plans to invest in startingup new MIPAN nylon manufacturing factility in Nhon Trach, Vietnam.

Related Keywords: Asia-Pacific region, business opportunities, expanding production line, FDI, Foreign firm, in Vietnam, investing billions of US dollars, reduce non-tariff barriers, regional free-trade agreement . eliminating tariffs, starting production, trade pack, Trans-Pacific Partnership, Vietnamese textile and garment

Foreign firm have started expanding their production line or starting production in Vietnam investing billions of U.S. dollars in anticipation of business opportunities the Trans-Pacific Partnership will bring which is due for completion in the near future.