Chinese yarn and apparel fabric producer Texhong is shifting its production line to Vietnam, partly due to the US boycott of cotton items originating in China’s Xinjiang province.
The company recently started recruiting labourers in Vietnam’s Quang Ninh province for its latest US$214m project – Texhong Knitting Vietnam, part of its US$500m investment plan in Vietnam this year.
The first phase will start operations in late 2021, and the second phase will be constructed 20 months after that.
For the full story, see the November 2020 edition of Textiles South East Asia. Not a subscriber? Sign up HERE