China-invested firm starts building $40 mln textile factory in northern Vietnam
China-invested Xielong Vietnam Textile Technology kicked off the construction of its $40 million factory in the northern province of Nam Dinh on Friday.
Xielong Group, based in China’s Fujian province, contributed $12 million (30%) of the investment capital of the project. It is known as a supplier for global brands, such as Lining, Xtep, Puma, and New Balance.
Xielong Vietnam Textile Technology holds a groundbreaking ceremony in Nam Dinh province, northern Vietnam, March 21, 2025. Photo courtesy of Nam Dinh newspaper.
Covering 6.1 hectares in Rang Dong industrial park (Aurora IP), a complex specializing in apparel production, the project is set to enter first-phase production in the second quarter of 2026 and then the second phase in Q3/2028.
At full operation, the plant can reach an annual capacity of 8,872 tons of mesh fabric and 31.5 million pairs of mesh fabric (for footwear products). It is set to employ thousands of local people.
Footwear and apparel-textile are key industrial sectors in Vietnam. The country earned $64.27 billion from exports in January-February, up 8.4% year-on-year, the General Statistics Office (GSO) reported.
Footwear was the fifth-biggest cash earner in the period with $3.47 billion, up 10% year-on-year. Apparel-textile ranked fourth with $5.63 billion, up 9.3%.
The top export earners were electronics, computers, and components with $12.54 billion; phones and components with $9.22 billion; and machines, tools, and components with $7.7 billion.
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