Related Keywords: benefit from TTP, EM apparel supplier, foreign investment, global apparel export market share, NAFTA, research report, Standard Chartered Bank, US market, Vietnam apparel industry, Vietnam to overtake Bangladesh
Vietnam apparel industry to benefit from Trans Pacific Partership agreement (TPP) according to a research report by Standard Chartered Bank. A wave of foreign investment in Vietnam’s textile industry has already begun, ahead of a potential TPP deal. On this basis, Vietnam likely to overtake Bangladesh in the global apparel export market share to become the second-biggest EM apparel supplier after China when its apparel exports swells to US$115 billion.
