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Brexit influence to impact Vietnam garment and textile exporters

Related Keywords: Brexit, build supply chains, change in exchange rate, definitely have impacts on Vietnam garment and textile exporters, devaluation of the pound and the euro, diversify products, impacts on the sector production and sale, influence prices, re-negotiated material prices, reconsider Vietname EU FTA, traditional and new market, Vinatas

Brexit to definitely have impacts on Vietnam garment and textile exporters due to the devaluation of the pound and the euro, which influence prices as Vietnam’s garment exports to the EU account for approximately 20 percent of the total volume with the UK contributing around 4 percent, Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (Vinatas), said.

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