VIETNAM TO SEE MORE KOREAN TEXTILE AND GARMENT INVESTMENT, SAYS KOFOTI
August 1st, 2017
The Korea Federation of Textile Industries (KOFOTI), which is South Korea’s primary agency for the development of the textile industry, expects South Korean textile and garment investment in Vietnam to grow, albeit with shifting focuses as a response to the US abandoning the Trans-Pacific Partnership (TPP).
South Korean textile and clothing companies have been investing heavily in Vietnam - according to Vietnam’s ministry of planning and investment, accumulated South Korean direct investment in the sectors reached USD865.9 million last year (2016), with 79 ...
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