Related Keywords: China, foreign textile and garment investors, national IZ development program, textile and dyeing, Vietnam ideal destination, waste water treatment
Vietnam has turn to become an ideal destination for foreign textile & garment investors, especially the Chinese. Pham Chi Lan, a renowned economist warned the local authorities that they should think of restricting the number of textile and garment projects. If there are too many projects in the field and the investors do not fulfill the commitments on environmental protection, a heavy burden will be put on local authorities’ and local residents’ shoulders.
It is very costly to deal with environmental problems, which are unbearable to the local authorities.