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Textile industry plans to expand in next decade
VNEconomyNews.com - Le Tien Truong, Chairman of the Vietnam National Textile and Garment Group (Vinatex) told Tuoi Tre in an interview Vinatex plans to raise US$1.4 billion for expansion in the next decade.
Truong said Vinatex would try to mobilize loans and investments from financial institutions and strategic investors in addition to its own capital to fund the expansion, which will be its largest expansion plan ever.
