Friday, June 21, 2019 - 3:01:59

Vietnamese textile

Impact of new-generation FTAs on textile industry discussed

Business

Impact of new-generation FTAs on textile industry discussed

Vietnamese textiles firms were updated on the potential prospects, advantages, and barriers that are to brought about by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the European Union-Vietnam Free Trade Agreement (EVFTA) at a workshop in Hanoi on July 18.

Vietnam among top five global textile exporters

Business

Vietnam among top five global textile exporters

Vietnam has made it onto the list of the world’s five biggest textile exporters and producers, with textile and garment export turnover hitting 16 billion USD in the first half of 2018, up more than 14 percent year-on-year.

FTAs: boon or bane for businesses?

Business

FTAs: boon or bane for businesses?

As 2018 brings newer and bigger FTAs, Vietnamese enterprises are faced with tough choices. They can either adapt and move up the global supply chain, or stand by while imported goods flood the country’s market.