Textile and garment sector hits over US$19 bil of FDI over 30-year period

VOV.VN - The total amount of foreign direct investment (FDI) capital invested into the country’s textile, dyeing, and garment industry has reached more than US$19 billion across 1,383 projects during the three decades, according to the Vietnam Textile and Apparel Association.

textile and garment sector hits over us$19 bil of fdi over 30-year period hinh 0
Leading the way with FDI investment was the Republic of Korea with registered capital of US$ 4,798 billion invested in 464 projects, followed by Taiwan (nearly US$3 billion), Hong Kong (US$ 2,395 billion), China (US$ 2,116 billion), and the British Virgin Islands  (US$ 1,607 billion).

Following these nations, a number of other countries, including Singapore, Samoa, Turkey, Japan, the Seychelles, and the United Kingdom, have actively invested in the Vietnamese textile and apparel sector with capital ranging from US$350 million to US$850 million.

Statistics indicate that FDI inflow into Vietnam’s textile and garment industry has seen a number of surge periods, most notably from 2015 to the present.

VOV

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