Businesses need time to access trade pacts, especially the European-Vietnam Free Trade Agreement (EVFTA) which is expected to bring numerous opportunities and benefits for import-export firms.
Vietnam is actively engaging in bilateral negotiations with the US and several other countries to ensure its key interests before entering the final ministerial meeting of the TPP trade deal.
Labour inspections are set to be carried out in 150 garment enterprises in 12 provinces and cities nationwide, heard a conference in Ho Chi Minh City on August 3.
Construction of the Panko Tam Thang textile-garment plant and Ducksan Vina garment accessory plant commenced on July 30 at the Tam Thang industrial park in the central province of Quang Nam.
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.