Hong Kong garment group invests $200m

tohang

The TAL Group from Hong Kong plans to invest US$200 million to produce fabrics, garments and textiles in Viet Nam.

The TAL Group from Hong Kong plans to invest US$200 million to produce fabrics, garments and textiles in Viet Nam.—File Photo

HA NOI (Biz Hub)— The TAL Group from Hong Kong plans to invest US$200 million to produce fabrics, garments and textiles in Viet Nam.

This is the second project of its kind in Viet Nam.

During a recent working session in Ha Noi with Deputy Minister of Planning and Investment (MPI), Cao Viet Sinh, TAL Hong Kong Development Director Roger Lee said the products would be produced using modern technology that caused no pollution.

Lee said his group wouldwork on the project with representatives from the Viet Nam National Garment and Textile Group (Vinatex) and the Ministry of Industry and Trade (MoIT).

The MPI has assigned the Foreign Investment Agency to offer any necessary support for the project.—VNS


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