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US garment and textile firms seek their own investment opportunities in VN

Related Keywords: American Apparel & Footwear Association, coming time, even without TPP, export growth, garment and textile exports to US, in Vietnam, likely to increase, Nate Herman, seeking their own investment opportunities, Senior Vice President, Southeast Asian country, supply chain, US garment and textile businesses, Vietnam continued to surpass rivals

The Southeast Asian country’s garment-textile and footwear exports to the US are likely to increase in the coming time, even without TPP, according to Nate Herman, Senior Vice President of the American Apparel & Footwear Association (AAFA) Supply Chain as the US garment-textile and footwear businesses are seeking their own investment opportunities in Vietnam after the US withdrawal from the Trans-Pacific Partnership (TPP) earlier this year.

FTA between S. Korea and Vietnam to go into effect on Dec 20

Related Keywords: easier for local companies to do business, FTA between S Korea and Vietnam, fuel trade and expand investment opportunity, go effective from next week, Southeast Asian country, tariffs would go down at start of every new year, two trading partners can benefit from more tariff cuts, Vietnam third-largest export market for S Korea

South Korea and Vietnam after starting negotiations in September 2012, the two sides formally signed the free trade agreement (FTA) on May 5, with South Korea's National Assembly approving the trade agreement on Nov. 30. The free trade pact between South Korea and Vietnam now will go into effect on Dec. 20, and will help fuel trade and expand investment opportunities, the government said Wednesday.

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