RELUCTANT TO GRANT REGULATORY APPROVAL TO TEXTILE AND DYING UNITS MAY PREVENT VIETNAM FROM TAKING FULL ADVANTAGE OF NEW TRADE DEAL
May 1st, 2018
THE VIETNAM Textile & Apparel Association (VITAS) warned that local governments in the country are not licensing textile and dyeing projects over pollution concerns. It has added in comments to Vietnamese media and that this reluctance may prevent the clothing sector from satisfying origin rules of the upcoming the Comprehensive & Progressive Agreement for Trans-Pacific Partnership (CPTPP).
VITAS’ wakeup call is partly based on its finding that while 90% of total foreign direct investment (FDI) entering the Vietnamese textile and clothing industry ...
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