VIETNAM’S TEXTILE AND GARMENT INDUSTRY NOT PREPARING FOR ASEAN COMMON MARKET
August 1st, 2014
The Vietnamese textile and garment industry has yet to prepare comprehensively for the onset of the ASEAN (Association of Southeast Asian Nations) Economic Community (AEC) next year. “We are not aware of any AEC impact studies, and I cannot even provide an educated guess,” an otherwise helpful representative of a Vietnamese textile association in Ho Chi Minh City told WTiN.com.The result has been a lack of information across Vietnam on how the AEC, which is projected to allow free trade in a market for over 600 million consumers by the end of 2015, will ...
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