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U.S. businesses pour huge investment into Vietnamese garment

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Staff writer ▼ | January 27, 2016
U.S. businesses continue expanding investment in Vietnam to grasp opportunities from the Trans-Pacific Partnership (TPP).
Vietnam garment
Opportunities   According to the Vietnam Textile and Apparel Association:
According to latest statistics from the Vietnam Textile and Apparel Association (Vitas), foreign direct investment (FDI) into the garment sector hit US$2 billion by the end of last year, the highest figure so far.

The American Chamber of Commerce (AmCham) forecast that Vietnam’s exports to the US may reach US$51.4 billion by 2020, including US$15.2 billion from garment.