Hong Kong garment group invests 200 mln USD
The TAL Group from Hong Kong plans to invest 200 million USD to produce fabrics, garments and textiles in Vietnam.
The TAL Group from Hong Kong plans to invest 200 million USD to produce fabrics, garments and textiles in Vietnam.
This is the second project of its kind in Vietnam.
During a recent working session in Hanoi with Deputy Minister of Planning and Investment (MPI) Cao Viet Sinh, TAL Hong Kong Development Director Roger Lee said the group will use modern technology that causes no pollution.
Lee said his group would work on the project with representatives from the Vietnam National Garment and Textile Group (Vinatex), and the Ministry of Industry and Trade (MoIT).
The MPI has assigned the Foreign Investment Agency to offer any necessary support for the project.-VNA
This is the second project of its kind in Vietnam.
During a recent working session in Hanoi with Deputy Minister of Planning and Investment (MPI) Cao Viet Sinh, TAL Hong Kong Development Director Roger Lee said the group will use modern technology that causes no pollution.
Lee said his group would work on the project with representatives from the Vietnam National Garment and Textile Group (Vinatex), and the Ministry of Industry and Trade (MoIT).
The MPI has assigned the Foreign Investment Agency to offer any necessary support for the project.-VNA
You should also see
Prime Minister pays tribute to legendary founders of Vietnam
Prime Minister Pham Minh Chinh and other officials offered incense in commemoration of the Hung Kings, the legendary founders of Vietnam, at Kinh Thien Palace on Nghia Linh Mountain in Viet Tri city, the northern province of Phu Tho, on April 18 (the 10th day of the third lunar month).
See more
Business
Beautycare Expo 2024 opens in Hanoi
The Beautycare Expo 2024 kicked off Hanoi on April 18, featuring over 250 booths from more than 15 countries and territories.
Business
Standard Chartered, US promote clean energy investments in Vietnam
Standard Chartered and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) on green financing in Vietnam and to promote the deployment of advanced clean energy in Vietnam.
Business
Vietnam Airlines, Sun Group promote Vietnam’s tourism in RoK
National flag carrier Vietnam Airlines and Sun Group on April 17 held a tourism promotion event themed “The Magnificent Vietnam” in Seoul, aiming to promote Vietnam’s tourism potential, flights, and trade opportunities for Vietnam and the Republic of Korea (RoK).
Business
Overseas remittances to HCM City record highest increase in three years
Overseas remittances to Ho Chi Minh City exceeded 2.86 billion USD in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
Business
Thu Duc city seeks investment in 11 PPP projects
Authorities of Thu Duc city, Ho Chi Minh City, held a conference on April 17 to draw investment in 11 public-private partnership (PPP) projects in the fields of education, culture and sports, with a total capital of over 2 trillion VND (83.3 million USD).
