VOV.VN - As a means of compensating for a drop in export orders due to the impact of the COVID-19 epidemic, several local textile and garment businesses are striving to seize upon opportunities brought about by the EU-Vietnam Free Trade Agreement (EVFTA).
VOV.VN - With the EU-Vietnam Free Trade Agreement (EVFTA) set to come into force on August 1, it is considered a great opportunity for the Vietnamese textile and apparel industry, despite concerns that the rules of fabric origin will make it tough for local products to enjoy the benefits of the trade deal.
VOV.VN - Despite recording impressive growth figures in recent years, Vietnam’s textile and apparel sector has failed to become deeply involved in the global supply chain as the local supporting industry has not developed with heavy dependence on imported raw materials, according to industry insiders.
VOV.VN - Vietnam’s textile and garment industry is forecast to face numerous difficulties during the remaining months of the year as a result of stiff competition among partners and a scarcity of orders.
