A garment production line of Hue Textile Garment Joint Stock Company (Photo: VNA)
Thua Thien-Hue (VNA) – ThuaThien-♑Hue province plansto become one of the cꦰentral region’s garment hubs in the next five years.
To this end, the provincewill invest 6.6 trillion VND (297 million USD) in developing the domestic market and expanding exports while promoting productdesign and trademark building and developing a fashion industry in combination with environmental protection.
According to Chairman of the provincial People’s Committee Nguyen Van Cao, the locality has zoned off 400hain PhongDien Industrial Park for garment support industry development with a view to boost the sector in a sustainable manner.
In order to form a garment centre, in addition to developing support industries, the province needs to call on major groups from the US, the Republic of Korea and Canada to provide high-quality materials, said garment businesses.
ThuaThien-Hue now has six industrial parks housing 50 apparel enterprises with a total of 300 sewing lines.-VNA
The Ministry of Industry and Trade (MoIT) has proposed the development of large textile and garment industrial zones (IZs) to attract investment in dyeing, and fabric and yarn production.
As many as 88 foreign direct investment (FDI) projects with a total registered capital of 2.26 billion USD have landed in the central coastal province of Thua Thien-Hue so far.
Vietnam’s garment and textile exports in the first half of this year reached 12.6 billion USD, a year on year increase of 4.72 percent and accounted for 41 percent of the sector’s target for 2016.
The central province of Thua Thien-Hue is striving to host 7,000 enterprises in 2020, which contribute up to 85 percent to the locality’s budget collection.
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A garment production line of Hue Textile Garment Joint Stock Company (Photo: VNA)
