News Tags

Related Keywords: Canaintex, fall to zero from current 30 percent, implementation of Trans-Pacific Partnership, Mexico National Chamber of Textile Industry, tariff on Vietnamese goods exported to Mexico, three to four years to Mexico, value of Vietnamese exports to double, Việtnam Textile and Garment Association, Vitas

The Vietnam Textile and Garment Association (VITAS) and Mexico’s National Chamber of Textile Industry (Canaintex) after the implementation of Trans-Pacific Partnership (TPP) expects the value of Vietnamese exports to double in 3-4 years to Mexico as tariff on Vietnamese goods exported to Mexico would fall to zero from the current 30 percent.

Canaintex representatives said that with TPP agreement coming into effect, Vietnam’s garment and textile exports will rise sharply and its market share in TPP member countries would increase substantially due to preferential tax policies.

Related Keywords: apparel products, Canaintex, Delegation from National Chamber of Textile, explore the garment-textile sector, Industry of Mexico, Mexico textile and clothing industry, one industrial zone, plans to visit seven factories, scheduling visit Vietnam, second biggest garment-textile supplier of the US, study process of making fiber

A delegation from the National Chamber of Textile, Industry of Mexico (Canaintex) is scheduling visit Vietnam the second biggest garment-textile supplier of the US from 27-28 August to explore the garment-textile sector.

During the visit, the delegation plans to visit seven factories and one industrial zone to study the process of making fiber and apparel products.

According to the Chamber, the Trans Pacific Partnership agreement, once effective, will allow Vietnam to ship its garment-textile products to more markets, particularly the US.