During a meeting with Mr. Hong Tianzhu, Chairman of China's Texhong Group in Hanoi on January 30, Prime Minister Pham Minh Chinh proposed the Chinese textile firm to deepen its investment in Vietnam and expand into new sectors, including the organisation of international-standard fashion shows in the country.
He welcomed the group’s plans to expand investment into new areas, particularly data infrastructure and clean energy.
For his part, Mr. Tianzhu said that Texhong Group of China is interested in expanding investment in cross-border industrial parks in northern Quang Ninh province of Vietnam.
The group also wants to invest in energy projects, data centers, digital technology and artificial intelligence, as well as aluminium industry development in Vietnam, he said.
Texhong has invested nearly $2 billion in Vietnam's Quang Ninh and Dong Nai provinces. It has also built a comprehensive textile manufacturing ecosystem at the Hai Ha Industrial Park in Quang Ninh, which has become an important link in the global textile supply chain.
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