Hanoi: Prime Minister Pham Minh Chinh on January 30 received Hong Tianzhu, Chairman of Texhong Group, calling on 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.
According to Vietnam News Agency, the meeting focused on strengthening economic ties between Vietnam and Texhong Group. Prime Minister Chinh encouraged the company to explore further opportunities within Vietnam, emphasizing the nation's potential as a hub for the textile and fashion industries. The Prime Minister's proposal to host fashion shows of international caliber aims to bolster Vietnam's presence in the global fashion market.
Texhong Group, renowned for its textile production, has been investing in Vietnam for several years. The Prime Minister's invitation to Hong Tianzhu signifies a commitment to fostering a robust partnership and leveraging Texhong's expertise to enhance Vietnam's industry capabilities.
The discussion between the Prime Minister and the Chairman also touched upon the potential for innovation and technology transfer, which could further benefit Vietnam's economy and workforce. This meeting underscores the strategic importance of foreign investment in Vietnam's economic growth and development.