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Vietnamese businesses know less about TPP than foreign counterparts

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Apparel Online Vietnam August, 2016

READ MORE ON TPPVietnam Apparel IndustryVITAS

Vietnam has become the centre of attraction for the global garment industry with both investors and buyers looking at the country in a new light…, and what has made the difference is the recently signed 12-nation Trans-Pacific Partnership (TPP) Agreement, which gives duty-free access to signatories in markets like the US, Canada, Japan, Latin America and Australia which are big markets for the apparel retail business. Though Vietnam already has a significant presence in garment exports, the potential for long-term growth has become immense post the agreement. Yet, market experts feel that the lack of awareness of the TPP in Vietnam could have a negative impact on the possibilities. Though the Vietnamese Government is very upbeat post the TPP pact,…

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Source: Apparel Online Vietnam August, 2016
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