VIETNAMESE GARMENT SECTOR UNDER GROWING PRESSURE TO BECOME MORE SUSTAINABLE
December 28th, 2023
Vietnam’s businesses in export-focused garments and footwear manufacturing are facing up to the challenge of becoming greener. This realisation comes even as the country benefits from free trade agreements (FTA), such as the 2019 European Union (EU)-Vietnam Free Trade Agreement (EVFTA) and the 2020 UK–Vietnam Free Trade Agreement (UKVFTA). While these have been opening significant export opportunities to key markets, exports are increasingly affected by tight commitments within the FTAs related to rules of origin, environmental protection, lowering emissions ...
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