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Vietnam's garment and textile industry attracts $37bn FDI, 65% of sector's export turnover, aiming for $44bn in 2024.
Vietnam's garment and textile industry has garnered 3,500 foreign direct investment (FDI) projects valued at $37 billion, constituting 65% of the sector's export turnover, as reported by the Vietnam Textile and Apparel Association.
The industry aims for a $44 billion export value in 2024.
Experts recommend enhancing technical standards and environmental laws to promote sustainable growth amid rising FDI from countries like South Korea, China, and Japan.
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La industria textil y de la confección de Vietnam atrae $37 mil millones de IED, el 65% de la facturación de las exportaciones del sector, con el objetivo de $44 mil millones en 2024.