The confidence that buyers have on the potential of Vietnam is indeed a big boost to the industry…,closing the year 2016 with earnings of US $ 23.91 billion in textile and apparel exports, up by 3.64% from 2015. In the first quarter of 2017, Vietnam has already earned around US $ 6.5 billion and the pace is only getting better,claimed Le Tien Truong, General Director of Vietnam National Textile and Garment Group while speaking to Team AO. Contrary to widely perceived notion that the US withdrawal from Trans-Pacific Partnership (TPP) sent shock waves among the countries that were party to the agreement, including Vietnam…, the garment industry in Vietnam has thrived without TPP holding the second biggest market share in US and Japan. This was disclosed by John Dulip Kumar, Divisional Manager, Li & Fung Vietnam, in an exclusive interview with AO. He also spoke about the strong emergence of Vietnam post-no-TPP, relevance of FTA for Vietnam, rise of local companies, denim market and the future plans of Li & Fung. Besides the above, the news under ‘Vietnam & Beyond’, the ‘Tech Management’, ‘Fashion Trends’ and ‘Export Statistics’ make the magazine an interesting read.
Reviews
There are no reviews yet.