Aurora IP aims to remove bottlenecks and facilitate FDI flow into Vietnam’s textile industry
This is the highest level of realized FDI in 9 months for the past five years.
- This is the highest level of realized FDI in 9 months for the past five years.
- While textile and garment industry is the backbone of Vietnams economy, the policies for industrial zone development are still not fully effective over years.
- As concerned about environmental pollution, many provinces have rejected textile and dyeing projects, causing the shortage of sufficient domestic supply of materials.
- Nam Dinh province, the cradle of Vietnams textile industry, is pioneering in offering incentives for investors in terms of corporate income tax, import and export tax, support for training textile workers, etc.