In February 2024, Yi Da Denim Mill (VN) Co. Ltd. secured an Investment Registration Certificate from the Provincial Industrial Zones Management Board in Nam Dinh to establish a textile production project in Rang Dong Textile Industrial Park. The project, backed by Crystal Group from Hong Kong, boasts a total registered capital of 1,467 billion VND, split into three phases. Phase I, with an investment exceeding 880 billion VND, will focus on dyed and undyed fabric and clothing production, commencing official operations in the third quarter of 2026. Meanwhile, YKK, the world's leading zipper company, inaugurated a second, more advanced factory in Vietnam's Dong Van Industrial Park (Ha Nam), reflecting their significant growth over 25 years in Vietnam, with a workforce now totaling 2,800. With the influx of FDI in the textile sector, spearheaded by projects like SAB Group's recent venture in Thanh Hoa, Vietnam's textile and garment exports are rebounding, showcasing a promising trajectory with over 60% of total export turnover attributed to FDI enterprises.