Related Keywords: Canaintex, fall to zero from current 30 percent, implementation of Trans-Pacific Partnership, Mexico National Chamber of Textile Industry, tariff on Vietnamese goods exported to Mexico, three to four years to Mexico, value of Vietnamese exports to double, Việtnam Textile and Garment Association, Vitas
The Vietnam Textile and Garment Association (VITAS) and Mexico’s National Chamber of Textile Industry (Canaintex) after the implementation of Trans-Pacific Partnership (TPP) expects the value of Vietnamese exports to double in 3-4 years to Mexico as tariff on Vietnamese goods exported to Mexico would fall to zero from the current 30 percent.
Canaintex representatives said that with TPP agreement coming into effect, Vietnam’s garment and textile exports will rise sharply and its market share in TPP member countries would increase substantially due to preferential tax policies.
