Along with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Vietnamese garment and textile sector also needs a Vietnam-Canada free trade agreement or another bilateral deal to penetrate more deeply into the North American market, according to experts.
VOV.VN - As of September, there have been six key Vietnamese commodities with export value enduring a decrease of at least US$1 billion each, according to the General Department of Vietnam Customs.
Although Vietnam is a top garment and textile exporter in the world, challenges loom large when it comes to shipment abroad of fabric and costumes that bear Vietnamese cultural identities.
VOV.VN - Vietnamese garment and textile exports dropped by 15.9% to US$22.5 billion in the opening seven months of the year, the Vietnam National Textile and Garment Group (Vinatex) reported in its latest report.
VOV.VN - During the first half of 2023, five Vietnamese commodities raked in more than US$10 billion each in export earnings, making up 57.8% of the country’s export value.
VOV.VN - Vietnam always attaches importance to relations with Bangladesh and desires to develop strong relations across a variety of fields.
Digital transformation, creating suitable designs and recycling clothes are now proving to be important target activities for the garment and textile industry towards a circular economy and sustainability.
VOV.VN - The garment industry has been struggling to deal with a serious shortage of export orders over the past few months, and the challenging period is forecast to last for several months more.
VOV.VN - Vietnamese garment and textile exports to Australia continued to grow by more than 27.9% to US$358.4 million during the initial 10 months of the year, while leather and footwear products witnessed impressive growth of 41.05% to US$353.7 million.
VOV.VN - Despite suffering a fall in export orders coupled with the appreciation of the US dollar, the local garment and textile industry is anticpated to meet an export target of between US$43 - 44 billion this year, according to industry insiders.