Related Keywords: Domestic apparel makers, EU-Vietnam FTA takes effect, European Union, exports would increase, growth higher than sector’s average increase, remain one of the key export markets, step up shipments to the U.S. and Japan, tariff incentives offered by the TPP, Vietnamese apparel, Vietnamese apparel enterprises
Vietnamese enterprises expected to step up shipments to the U.S. and Japan with the tariff incentives offered by the TPP. Vietnam’s apparel is currently subject to 17-30% U.S. tariffs but the rates will be gradually brought down to 0% in the TPP.