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Related Keywords: benefit of garment industry, collaboration with SPINnet Textile and Garment Cluster, garment and textile sector, industry players, launched an incubator programme, mobilise more resources, National Board for Small Scale Industries, NBSSI, nurture and train entrepreneurs, seeks to promote networking

National Board for Small Scale Industries (NBSSI) in collaboration with SPINnet Textile and Garment Cluster to nurture and train entrepreneurs in the garment and textile sector has launched an incubator programme. The programme seeks to promote networking among the industry players and to mobilise more resources for the benefit of the garment industry.

Related Keywords: bringing in higher added value, deputy minister of Industry and Trade, domestic businesses, enjoy tax preferential, garment and textile sector, improve profit and enjoy preferential of TTP deal, in middle and long term, lose strengths, restructure production, take advantage of international integration, Tran Tuan Anh, Vietnamese products

The Vietnamese products would lose their strengths in the middle- and long-term if domestic businesses do not restructure production, thus bringing in higher added value, Tran Tuan Anh, deputy minister of Industry and Trade said.

Anh said that Vietnamese exporters should restructure their production to improve profit and enjoy preferential of the Trans-Pacific Partnership Agreement (TPP),

This was the reason that Vietnam has issued the export strategy by 2020 with a vision to 2025 to take advantage of international integration.

Related Keywords: central province of Quang Nam, fiber-weaving-dying and garment complex project, garment and textile sector, not face tariff, Onewoo garment manufacturing plant, Taiwanese apparel factory, textile-garment-dyeing factory, Trans-Pacific Partnership agreement, Vietnam Textile and Apparel Association, welcomes inflow of capital investment

An inflow of capital investment is welcomed by the central province of Quang Nam into the garment and textile sector. Vo Van Hung, head of the Investment Promotion and Enterprises Support Agency of Quang Nam Province, said that many domestic enterprise delegations and foreign firms coming from South Korea, China and Taiwan have visited the province to seek investment opportunities in the textile and garment industry.