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January 16, 2002

VIETNAM: Vinatex Seeks Cash For New York Store

Senior officials of the Vietnam Textile and Garment Corp (Vinatex) on Wednesday made a formal approach to the government for subsidies as they look to establish their first store in New York. Vinatex chiefs hope the new retail outlet will make it easier for textiles and clothing made in Vietnam to enter the US market, lead to greater cooperation with foreign companies and give exporters a boost by helping them win new deals with major buyers.

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