Authorities in the south central province of Binh Dinh have officially granted an investment registration certificate to Sweden’s SYRE IMPACT AB for a large-scale polyester recycling and production complex valued at around US$1 billion.

VOV.VN - Syre Group of Sweden will inject US$1 billion into a polyester fabric production and recycling complex project in the south-central province of Binh Dinh, Vietnam.

Prime Minister Pham Minh Chinh on April 23 hosted Susanna Campbell, Chair of Swedish textile recycling group SYRE, and Swedish Ambassador to Vietnam Johan Ndisi, calling on SYRE to invest in developing a green and sustainable textile industry in Vietnam.