The Vietnam National Textile and Garment Group (Vinatex) plans to build two large industrial parks specialising in textiles and dye.
The two IPs, each covering an area of 150ha, will be built in the Cuu Long (Mekong) Delta province of Tra Vinh and the northern province of Thai Binh.
They aim to attract domestic and foreign investors. Vu Duc Giang, Vinatex general director, said the Ministry of Industry and Trade had approved construction plans of the two IPs and Vinatex was making the detailed plans to submit to the Government.
"Construction of the two IPs is expected to begin this year and both of them are expected to be fully occupied within the next five years," he said.
