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The accession to World Trade Organization stimulates the growth of garment export due to the abolishment of quota to the U.S. In 2006, Vietnamese textile apparel export gained 5.8 billion USD. This number for 2007 is estimated to be 7.3 billion USD. simultaneously simultaneously Simultaneously the corresponding high increases of import demand shows the fact that the main garment export performance was made on a processing base which utilized imported material and accessories. In this situation, local textile and garment businesses is encouraged to increase percentage of the domestically produced items and added values in export products. Three important projects were launched in the Pho Noi B Textile and Garment Industrial Zone, northern Hung Yen province, on Feb. 5.2007. These projects include a knitting centre, a thread factory and a waste water treatment centre with a total investment capital of more than 282 billion VND. Vinatex has recently invested in a number of advanced production lines namely high quality fiber making line for thread making at Phong Phu Textile & Garment factory, high quality suit production line at Nha be Garment factory, Viet Tien Factory etc.  All of these are calling for new textile and garment equipment and technologies.

Project Name  (Investment project on)	Estimated Investment (USD)	Investment Location
60,000 high quality yarn(compact) spindles spinning factory	35,000,000	Hung Yen
60,000 high quality yarn spindles spinning factory	33,077,000	Thua Thien Hue
Polyester fiber production with capacity of 120T/day	56,500,000	Hung Yen
Fabric weaving factory(for making shirts)	23,400,000	Dong Nai
Fabric weaving factory(for making trousers)	23,400,000	Hung Yen
Polyester fiber production with capacity of 300T/day	118,000,000	Dong Nai
Dyeing and finishing, printing T/C fabric and cotton	47,000,000	Dong Nai
Denim dyeing and finishing	29,000,000	Da Nang
Geotextile fabric with capacity 3,000T/year	7,000,000	Dong Nai
Pilot cotton planting farm with watering system(1,000ha)	3,500,000	South Central Area
Textile-Garment and Fashion University	12,500,000	Bac Ninh