FDI inflows to textile and fiber projects reached US $ 1,546 billion with 184 projects
In the first 11 months of 2019, FDI capital into the textile and garment industry reached US $ 1,546 billion with 184 projects.
Vietnam Textile and Apparel Association (Vitas) said that in the first 11 months of 2019, the total foreign direct investment (FDI) in the textile and garment industry reached US $ 1,546 billion with 184 projects.
In which, 5 countries and territories have the largest investment capital in the textile and apparel industry, respectively: Hong Kong USD 447 million, Singapore USD 370 million, China 270 million USD, South Korea 165 million USD, Seychelles 103 million dollars.
Country / territory ranked first in textile and garment investment capital in 11 months of 2019 (Chart: The Hoang)
In addition to the TOP 5 countries / territories with the largest investment mentioned above, Japanese investors also registered to invest in Vietnam’s textile and apparel industry with a total capital of US $ 61 million, US $ 19 million and Taiwan 15 million. USD, and nearly USD 100 million of remaining capital belongs to other investors.
The localities receiving large capital in the textile and garment industry, led by Tay Ninh with a total capital of 464 million USD with 16 projects, Quang Nam 10 projects, registered capital of 107 million USD, Nghe An 3 projects with 210 million USD, Thua Thien Hue 2 projects, with 213 million USD …
A special feature of FDI inflows to textiles and garments in the past year was the superiority of the amount of capital into raw material projects, of which up to 90 were in the textile segment, totaling 1,245 billion USD, followed by dyeing. with 24 projects, registered capital of 673.3 million USD, 109 sewing projects with 587.2 million USD, 45 fiber projects with 640.4 million USD, 3 fiber production projects with registered capital of 1.3 million USD.
