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Rise in textile and garment exports turnover to TPP market

Related Keywords: Exports to the US ranked top, first five months this year, increase in export turnover, to TPP countries, US Fashion Industry Association, Vietnamese garment and textile, Vitas

Vietnamese garment and textile has witnessed increase by 69.66 percent in the first five months this year in its export turnover to countries taking part in the Trans-Pacific Partnership (TPP) negotiations compared with the same period last year, according to the Vietnam Textile and Apparel Association’s (Vitas) latest report.

Vitas forecast that the country's textile and garment export turnover could reach $27.5 to $28 billion this year.

Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the US and Vietnam are members of the TPP.

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