This agreement with US is very close to finalisation and is the top most priority in order to provide a boost to the garment and apparel industry of Vietnam.
Following the success received from the Denim Show's in Bangladesh, Denimsandjeans.com, the organiser of the show is organising the first ever Denim #
China presently accounts for a 37 percent share in the US textile and apparel market, while Vietnam only has an 8 percent share.
“If the TPP deal is inked, it would help Vietnam to take away 10 per cent share from China, as Vietnamese textiles and apparels would then enjoy greater benefits than products from China,” the organiser noted.
Denimsandjeans.com hopes the event shall serve as a platform for the entire denim and sportswear supply chain industry in this region. (AR)
ALCHEMPro News Desk – India
marketing@alchempro.com
