The EU-Vietnam Free Trade Agreement (EVFTA) is expected to create solid opportunities for Vietnam to expand its export markets in the time ahead, especially in terms of the garment and footwear industries.
Domestic textile enterprises and logistics service providers should work together to reduce costs and improve their competitiveness, according to experts.
Vietnam’s textile and apparel sector remained passive in global value chains, said Nguyen Cam Tu, Deputy Minister of Industry and Trade, at a workshop on March 29 in Hanoi.
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