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Lack of interest seen in Vietnam garment firms for TPP

Related Keywords: benefit most from TPP, big markets of US, bring more export opportunities, game-changer for Southeast Asian economies, garment firms not interested in trade deal, HCMC Center for Trade and Investment Promotion, Japan and Australia, made no preparation, newly-inked TPP to lower import taxes, tap opportunities, Vietnam garment industry

Vietnam garment industry despite being expected to benefit the most from the TPP, few of the 2,000 garment firms across the country have shown interest in it. Only large companies seem to have the capability to study and make preparations for the TPP as it is expected to bring more export opportunities, especially in the big markets of the US, Japan and Australia.

Vietnam garment firms strive hard to avail opportunities ushered in by TTP

Related Keywords: benefit most from TPP, businesses striving hard to avail opportunities, enjoy zero percent tax, export to US, finding access to market, improving design, investing in modern production lines, Made in Vietnam products, product quality, upgrading facilities, Vietnam garment and textile sector

Vietnam garments and textile sector is viewed as one of the industries which will benefit the most from the Trans-Pacific Partnership (TPP), many businesses are striving hard to stay ahead to avail opportunities ushered in by TTP and have started proactively putting in place measures to be able to avail these opportunities such as investing in modern production lines, upgrading facilities, improving design and product quality and finding access to the market.

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