Monday, August 15, 2011

$4.3 million worth investment from Italy to boost production of Vietnam clothing manufacturers.

In late July, 2011, the United Nations Industrial Development Organization (UNIDO) stated that Italy will spend $4.3 million in a sponsor program to develop clothing manufacturer in Vietnam together with 2 other industries namely leather shows and decoration wood.
According to UNIDO, Vietnam clothing manufacturer will be provided with investment to enhance technologies, expand product promotion and develop marketing campaigns and cost management systems. 

Also, 3-million-euro program will include the provision of training classes for the companies involved.

Together with this investment, Italy investors hope to get Vietnam clothing manufacturer loosen the high dependency on materials and designs supply from overseas, from which boost production and values of exports of Vietnam clothes manufacturers.

UNIDO will also aid in seeking business partners for Vietnam clothing manufacturers in the European market.


18 businesses in Hanoi and Hung Yen and 16 others in Ho Chi Minh City involved in the garment sector have been selected for receiving the support.




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