Apparel Online India Magazine August 2nd Issue 2018 | Page 51

BEYOND INDIA
Vietnam cautious about textile and
dyeing projects
The local authorities in Vietnam
have expressed concern about some
of the new garment and textile
projects undertaken, mainly the
dyeing ones. While corroborating
on the above, Truong Van Cam,
Deputy Chairman, VITAS, said
that due to the risk of polluting the
environment, the local authorities
are now wary of taking up garment
and textile projects.
Some areas in Vietnam have
been strict enough to refuse any
project that has an investment
of around US $ 100 million
owing to environmental hazards.
Reportedly, the Hong Kong based
TAL Group is yet to receive license
for its US $ 350 million textile
and dyeing plant. The project has
already got an approval from the
Prime Minister as well as Ministry
of Natural Resources and the
Environment. The authorities
from Vinh Phuc Province, where
the TAL Group is planning its
plant, have requested the Prime
Minister, for the fourth time,
to disapprove the project. This
comes in the wake of a US $ 200
million worth textile and dyeing
project being rejected by Da Nang
provincial authorities.
Some areas in
Vietnam have
been strict enough
to refuse any
project that has
an investment of
around US $ 100
million owing to
environmental
hazards. Reportedly,
the Hong Kong
based TAL Group
is yet to receive
license for its US
$ 350 million textile
and dyeing plant.
Students' protest tarnishing Bangladesh image,
RMG business: BGMEA
Close on the heels of the President
of Federation of Bangladesh
Chambers of Commerce &
Industries (FBCCI) expressing
his concerns about the impact of
the ongoing students’ protest on
Bangladesh’s trade and economy,
the apex garment manufacturers’
body – the Bangladesh Garment
Manufacturers and Exporters
Association (BGMEA) – has
also claimed that the students’
demonstration is hurting th