Sunday, May 26, 2019 - 18:40:43

cut make and trim

Vietnam’s textile and garment industry faces tough seas in 2019

Business

Vietnam’s textile and garment industry faces tough seas in 2019

2019 will be a challenging year for Vietnam’s textile and garment industry as it needs to obtain major breakthroughs to take on new roles in the global value chain, including shifting from simple processing - Cut, Make and Trim (CMT) - to purchasing materials, free on board (FOB), original design manufacturer (ODM) and original brand manufacturer (OBM) modes.

VN textile, garment industry to join TPP

Business

VN textile, garment industry to join TPP

Participation in the Trans-Pacific Partnership Agreement (TPP) would create favourable conditions to boost Vietnam's textile and garment sector as the third key industry of the country, according to industry insiders.