Related Keywords: 20 new project, FDI, FDI firm, Foreign invested enterprises, growing, into Vietnamese textile industry, Ministry of Planning and Investment, pouring capital, textile-garment export revenue, Vietnamese enterprises, Vitas, warned expanding gap
The number of foreign-invested enterprises (FDI) pouring capital into the textile industry is growing quickly. This year, in the past 10 months local governments have given approval for almost 20 new projects of FDI firms, according to the Ministry of Planning and Investment.
However, the Vietnam Textile and Apparel Association (Vitas) has warned of the expanding gap between FDI and domestic firms in the textile-garment sector.
