The Viet Tien Garment Joint Stock Corporation (VGG) has signed up with Luenthai and Newtech to establish the Viet Thai Tech fabric factory, which is expected to supply fabric for the garment and textile industry.
Hong Kong''s Luen Thai Group, dealing in garments, has been considering a plan to invest in a garment and textile industrial park in Vietnam, the company announced on August 25.
A 1,500-ha textile industry zone is expected to be built in Nghia Hung
district, Nam Dinh province, by the end of 2014, according to Vietnamplus news website.