According to a report by Saigon Liberation News on June 3, Vietnam’s Ministry of Industry and Trade stated that Vietnam exported US$8.1 billion in textiles from January to May this year, a year-on-year increase of 8.4%; and exported US$4.6 billion in footwear, an increase of 19.5%. Since the beginning of the year, foreign-invested enterprises (FDI) investing in the textile field have continued to increase. This is due to the Vietnam-Korea Free Trade Area Agreement, the Vietnam-EU Free Trade Agreement and the Trans-Pacific Partnership Agreement (TPP) that Vietnam has signed or is about to sign. The textile industry is the most profitable and will enjoy zero tariffs. The number of foreign-funded enterprises investing in the textile field in Vietnam continues to increase
The number of foreign-funded enterprises investing in the textile field in Vietnam continues to increase
According to a report by Saigon Liberation News on June 3, Vietnam’s Ministry of Industry and Trade stated that Vietnam exported US$8.1 billion in textiles from January to May this year, a year-on-year increase…
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