Garment products from Vietnam and Taiwan (China) will be showcased at the Vietnam-Taiwan Textile and Garment Industry Exhibition held in HCM City from April 26-27.
Vietnam, Cambodia, and Myanmar are among a few Asian nations set to gain the most from shifts in apparel manufacturing, according to a recent report from Fitch Solutions.
Vietnam’s total garment-textile export turnover was estimated at 14.5 billion USD in the first five months of 2019, a year-on-year rise of 9.11 percent.
In 2019, Vietnamese businesses are poised to promote textile and garment exports to the North American nation under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
A delegation of Vietnamese businesses has visited Canada to promote textile and garment exports to the North American nation under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Garment and textile exports may hit 30.5 billion USD in 2017, Vu Duc Giang, President of the Vietnam Textile Association said at the Cotton Day held in HCM City on September 12.
Vietnam’s garment and textile exports in the first half of this year reached 12.6 billion USD, a year on year increase of 4.72 percent and accounted for 41 percent of the sector’s target for 2016.
Vietnam’s textile and apparel exports to countries negotiating the TPP agreement in the first five months of this year increased 69.66 percent compared to the same period last year.