FOREIGN INVESTORS SCAMPERING FOR A SHARE IN GARMENT INDUSTRY

Delta Galil Industries Ltd, an Israel-based apparel manufacturer and distributor, is currently completing procedures to start construction of the Vietnam Delta Galil fiber-dyeing and garment plant in the second quarter.

In January, the Binh Dinh Provincial People’s Commiittee approved Delta Galil Industries Ltd to construct a plant on the total area of 18,000 square metres with the total investment capital of $13 million. At present, the construction project has completed the site clearance and base design phases and is ready to move forward.

Upon starting operations, the plant’s annual revenue is expected to reach $11 million over the initial years. Following further consolidation of operational, production and business activities and potential enlargement, this figure is expected to increase to US$30 million, the equivalent of rolling out 1.3 million products a year.

Being a leading global apparel manufacturer and distributor, Delta Galil Industries Ltd currently sells apparel products under famous brands including Wilson, Maidenform and Tommy Hilfiger. It is also selling its products under high-grade fashion brands such as Calvin Klein, Nike, Hugo Boss and Victoria’s Secret.

At the end of March a number of textile and garment projects have been granted investment certificates. Two of these are the Korean-financed Onewoo garment project, boasting the chartered capital of $6 million, and the Tam Thang textile-garment and dyeing project worth $30 million invested by PanKo Tam Thang Company.

Poong Vina Company, another 100 per cent Korean company producing and outsourcing apparel products for the famous brands, such as Ann Taylor, C.W.C, Talbots, has plans to pour $4 million into the construction of their fifth plant in Binh Duong province.

According to the Vietnam Textile and Apparel Association, foreign investors are increasing investment in the Vietnamese garment industry in order to grab opportunities from the Trans-Pacific Partnership (TPP) Agreement as, once the TPP is inked, Vietnam’s garment industry will enjoy large benefits from a zero tax rate when exporting to the US.

Source: Business Times

Related News

VIETNAM ECONOMY INVESTMENT

FOREIGN INVESTORS SEEKING A SYNCHRONISED MANUFACTURING ECOSYSTEM

Instead of focusing only on land costs and incentives as usual, foreign investors are seeking a synchronised manufacturing ecosystem, from stable power supply and logistics to shared infrastructure and the convenience of completing residence procedures for experts to serve their long-term investment in the country.

Oct 21, 2026

INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT

DONG THAP PROVINCE STEPS UP INDUSTRIAL EXPANSION AND INFRASTRUCTURE CONNECTIVITY

Accelerating public investment, strengthening inter-regional connectivity, and expanding industrial land are helping Dong Thap efficiently bolster competitiveness and drive economic growth. Following the 2025 merger of the former Dong Thap and Tien Giang provinces, the expanded Dong Thap province in the Mekong Delta faces mounting pressure to accelerate infrastructure development and strengthen connectivity among local economic zones, urban areas, industrial parks (IPs), and production centres.

Oct 21, 2026

PROPERTY / INDUSTRIAL ZONE

HCM CITY ATTRACTS US$5.7 BILLION INTO EXPORT PROCESSING AND INDUSTRIAL ZONES

HCM City attracted US$5.7 billion in domestic and foreign investment into its export processing and industrial zones during the first nine months of 2026. The figure exceeded the city's full-year target by 31 per cent, highlighting strong momentum in high-quality industrial investment under Resolution No.10-NQ/TW. Total investment reached 131 per cent of the 2026 target of $4.25 billion and represented a 29 per cent increase compared with the same period in 2025, according to the city's Export Processing and Industrial Zones Authority (HEPZA).

Oct 21, 2026

BANKING / FINANCE / INSURANCE / TAX

REMITTANCES TO HCM CITY RISE NEARLY 40% IN Q3

Remittances to HCM City reached more than US$2.83 billion in the third quarter of this year, up 39.5 per cent from the previous quarter and 3.6 per cent year-on-year. This was the first quarter showing positive annual growth this year, helping narrow the decline in remittance inflows over the first nine months. According to the State Bank of Vietnam (SBV)’s Regional Branch 2, remittances transferred to HCM City through credit institutions and economic organisations totalled $2.835 billion in Q3, an increase of more than $802 million from the previous quarter.

Oct 21, 2026

VIETNAM ECONOMY INVESTMENT

LOCALITIES REPORT BREAKTHROUGH RESULTS IN FDI IN FIRST NINE MONTHS

In Ho Chi Minh City, total registered capital reached $17.2 billion in the first nine months, up 4.2 times from the same period last year. The figure included more than $9.35 billion in newly registered capital and over $4.9 billion in additional capital for existing projects. Foreign investors also registered more than $2.9 billion through capital contributions and share purchases.

Oct 21, 2026

TECHNOLOGY

TECH SECTOR GROWTH OPENS UP OPPORTUNITIES FOR VIỆT NAM TO GO GLOBAL

The growth of the electronics, semiconductor and high-tech sectors worldwide is opening up a variety of opportunities for Vietnamese enterprises to integrate more deeply into the global supply chain. However, to become suppliers for these corporations, domestic enterprises must meet rigorous standards regarding quality, technology, productivity and order fulfilment capabilities.

Oct 21, 2026