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    October, 2016

    October 2016| 40 Pages

    The impact of TPP (Trans-Pacific Partnership) on theVietnamese economy and apparel trade is a subject of constantdebate. The most obvious interpretation is thatthe country’s textiles and apparel industry will enjoy expanded accessto the US and Japan markets through reduced tariff duties once ithas been enacted, accelerating foreign direct investment into thecountry. However, as highlighted in a whitepaper by Solidiance, anAsia-focused management consulting firm, strategic development ofsupporting industries (raw materials and machinery) and accompanyinginfrastructure (port, construction and logistic) will be needed to fullyabsorb TPP’s benefits for the economy.Apparel Online reviews… Moving on, Lectra Vietnam which set up its office in July this year, has appointed Mathieu Do as General Manager of the Vietnamese operations. Specialising in CAD and CAM systems for soft material industries, Lectra hopes to reap in success by providing complete solutions, advanced software, equipment and also professional services to the garment industries in the country. The preview of Vietnam International Textile and Garment Industry Exhibition (VTG), slated to be held from 23-26 November 2016, finds profound coverage in the magazine. About 250 exhibitors at 550 booths from 15 countries will showcase their products.


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