Home keyboard_arrow_right Publicationskeyboard_arrow_right August 2019

August 2019

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August 2019| 40 Pages

Collaboration is the new mantra for success in the textile value chain. Phong Phu International (popularly called PPJ) believes in collaboration and thus has in a short span of 12 years not only grown as a garment manufacturer but also spread its wings in various directions, from Trims to Fabric to Fashion. In an exclusive one-on-one with Team Apparel Online Vietnam, Peter Nguy, Director of Business Development and Deepak Thirumalai Raju, Branch Director, share the secret behind the phenomenal success of PPJ. With 21 units across multiple locations in Vietnam, the company is high on sustainability, avoids wastage and maintains an ecological balance.

June-end marked an important chapter for the Vietnam garment and textile sector when the much-awaited trade agreement between the European Union (EU) and Vietnam – the EU-Vietnam Free Trade Agreement (EVFTA) – took shape. With EVFTA coming into effect, Vietnam’s total export turnover to the EU market is expected to increase by around US $ 16 billion.

As Sino-US trade war reaches its peak, companies with China connections are trying all possible tricks in the book to evade paying increased US tariffs, imposed on imports from China. Vietnam is one of the first countries from Asia to publicly allege such malpractices since trade tensions between the world’s two biggest economies escalated.

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