The People’s Committee of Thanh Hoa Province has approved the investment policy and investor for a new factory specializing in the production of apparel, leather footwear for export, and textile accessories.

The project, located in Nong Cong district, will span nearly 3 ha with a total investment of approximately VND86 billion (nearly $3.4 million). The factory, developed by Chico Tan Phuc Joint Stock Company, is projected to produce 1.2 million apparel products and 0.8 million pairs of footwear annually for export.

Provincial authorities have stipulated that the company must complete all necessary procedures and land lease documentation within 12 months. Should the company fail to comply, the decision on the approval of the investment policy and the investor will be rendered invalid.

In a separate development, the People's Committee also issued a decision approving adjustments to the investment policy for an export leather footwear factory in Yen Cat Town, Nhu Xuan district.

This project will require a total investment capital of approximately VND96.6 billion (over $3.77 million) and will cover more than 3.7 ha.

The province is home to over 300 active textile and garment enterprises. These businesses have been leveraging advanced technology and enhancing production processes to maintain competitiveness in traditional markets while actively expanding into emerging markets such as the Middle East and South America.

In 2024, the province's textile and garment sector produced over 700 million products, with approximately 450 million for exports—representing a growth rate of about 20% compared to the previous year. In 2025,  the sector aims to maintain its momentum, targeting an annual output of over 700 million products and export volumes of approximately 470 million products.