Vietnam to invest $3 billion in textile and appa - sportstextiles: Lea SportsTextiles

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Vietnam to invest $3 billion in textile and apparel industry

05/04/2006
Vietnam’s Ministry of Industry has announced that it will invest $3 billion in the country’s apparel and textile industry by 2010, in an attempt to develop these sectors into key export industries.

Through investing heavily in these sectors, the Ministry hopes to achieve an annual growth rate of 14 to 16%, with annual export growth of 10 to 12%.


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