(VOVworld) – The Vietnam National Textile and Garment Group (Vinatex)  is set to increase its export turnover 12% against last year. The group earned 2.9 billion USD from exports and spent 1.2 billion USD on imports in 2013. Vinatex’s Deputy Director Le Tien Truong said the group’s strategies have focused on localization, added value, labour productivity, and competition. The Trans-Pacific Partnership (TPP) negotiations provide fresh impetus for realising this strategy ahead of schedule, according to Truong: “The TPP’s rule of origin will also promote investment in Vietnamese material production and especially in fabrics. So we have concentrated our investment in 12 fabrics projects and 9 weaving projects. The investment sum for fabrics is 4 times higher than for garment projects”.