Related Keywords: exports, international market, textile and garment industry, Vietnam Textile and Apparel Association
Vietnam Textile and Apparel Association (VITAS') deputy chairman, Le Tien Truong, said that an improving global economy will be favourable for Vietnam, in general, and the local textile and garment industry, in particular, because the county will be able to boost its level of exports to the international markets.
Moreover, the global economic forecasts by the World Bank and the International Monetary Fund says that the world economy's outlook is expected to improve in 2014, as large economies, such as the US, the EU, Japan and South Korea, have seen recovery.