Danish firm invests $52 million in high-end garment factory in Bình Định
Mascot International A/S, a Danish enterprise, will invest US$52 million in a garment manufacturing complex in Bình Định Province, marking a new chapter in high-quality textile production in central Việt Nam.
HÀ NỘI — Danish company Mascot International A/S has announced a VNĐ1.29 trillion (US$52 million) investment in a high-end garment manufacturing project in Bình Định Province, aiming to establish a vertically integrated facility for premium clothing production, warehousing and quality control.
The project will be located at the Becamex Bình Định Industrial Park in the Nhơn Hội Economic Zone, Vân Canh District, covering nearly 100,000 square metres. It will include a garment production plant, material warehouses and a quality control centre for raw materials and accessories.
The Management Board of the provincial Economic Zone Authority said the investment, planning and environmental procedures will be completed between April and July 2025. Construction is scheduled to begin in August 2025, with official operations set to start in September 2026. — VNS
