11:24 | 13/04/2016 Economy- Society
The Government has offered financial support to the Vietnam National Textile and Garment Group (Vinatex) for training the labour force in the textile and garment industry this year.
Illustrative Image (Source:baocongthuong)
The funds worth of 63.5 billion VND (2.9 million USD) would come from the State budget for education and training activities, reported the Dau tu (Investment) online. Former Prime Minister Nguyen Tan Dung has asked Vinatex to manage and use the funds under the existing regulations.
That action was initiated under a development strategy for Vietnam's textile and garment industry by 2015 and forward to 2020, approved by the former prime minister in 2008.
Under the strategy, the Ministry of Finance is cooperating with the Ministry of Industry and Trade to build financial mechanisms and policies on supporting the implementation of programmes on fabric production, cotton tree development and human development for the textile and garment industry./.