Vietnamese business delegations will visit the country to explore the latter’s apparel sector.
The Jordan Chamber of Industry has reached an understanding with entities in Vietnam to pursue joint investments in the latter’s garment industry.
Jordan’s King Abdullah II recently met representatives of leading Vietnamese garment companies.
The discussions explored opportunities to establish integrated industrial ventures between private companies in both countries.
Jordan’s King Abdullah II recently met representatives of leading Vietnamese garment companies, sending a clear message that the country is highly committed to expanding investments in the garment industry, particularly in apparel, he was cited as saying by domestic news agency.
The discussions explored opportunities to establish integrated industrial ventures between private companies in both countries.
The meeting was organised in cooperation with the International Finance Corporation (IFC).
The King emphasised Jordan’s keenness to strengthen economic and trade relations with Vietnam, highlighting Jordan’s investment incentives, especially within garment-focussed industrial zones to expand their access to new markets.
The discussions touched on investment cooperation, leveraging Vietnam’s expertise in fabric manufacturing, raw materials, horizontal and vertical integration, global supply chains, expansion opportunities and the legislative environment needed to advance the sector, Qadri added.
Fibre2Fashion News Desk (DS)
