VIETNAM UNVEILS NATIONAL PLAN TO ENHANCE EXPORT COMPETITIVENESS BY 2020, INCLUDING FOR GARMENTS AND TEXTILES
August 1st, 2017
THE VIETNAMESE government has said it wants to shift the country’s clothing manufacturing sector from its current low-cost model to an added value sector that includes design and branding.
Vietnam’s Prime Minister Nguyễn Xuân Phúc is behind the change in direction, releasing a government decision signalling this formal policy change, although details of specific actions are still awaited. Its initial goal is significantly improving the competitiveness of Vietnamese export products as soon as 2020, with a longer-term vision of further change to ...
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