Search Results for: Vietnamese

CONCERN is growing that foreign direct investment (FDI) within Vietnam, including in the textile sector, needs to be tempered with efforts to deter unlimited environmental pollution. Public opinion in Vietnam – important even within this one party officially communist state – has been riled by mass fish deaths off Vietnam’s central coast, with environmentalists blaming a toxic leak from a steel mill in April receiving investment from Taiwan, a key investor in Vietnam’s textile sector.…

DETAILS have been released about knitwear and yarn tariffs that will be scrapped regarding products exported and imported between Vietnam and the European Union (EU) under their new trade deal. The full text of the agreement struck last August (2015) has been released and shows how the EU is prepared to remove its tariff barriers to Vietnam knitwear exports.…

THE VIETNAMESE textile industry and government is planning to overcome poor productivity and a serious shortage of textile and dyeing materials to better leverage Vietnam’s inclusion in the Trans-Pacific Partnership (TPP) trade deal.

According to an estimation by the Vietnam National Textile and Garment Group (Vinatex), Vietnam will need up to USD15 billion’s investment to bring its mills and dyeing houses to a point where local textile sourcing can facilitate compliance with the TPP’s rules of origins, as regards domestic sourcing.…

Vietnam’s ministry of finance will remove price controls on milk products for children under six-years-old by the beginning of next year. Deputy Prime Minister Vu Van Ninh and minister of finance Dinh Tien Dung in early March told the local media that the move has been sparked by concessions Vietnam has made in free-trade agreements (FTAs) such as the Trans-Pacific Partnership and its recent trade deal with the European Union (EU).…

Details have been released explaining how the European Union’s (EU) will open up its markets to rare earths from Vietnam under a trade deal struck last August (2015), despite concerns the country is a conduit for smuggled earths from south China.…

Details have been released explaining how the European Union’s (EU) non-ferrous metal sector will boost its access to the key emerging market of Vietnam, under a trade deal struck last August (2015). The full text of the agreement has now been released (on February 1) and shows how tariffs that will be scrapped regarding non-ferrous metals, as well as related inputs and products exported and imported between Vietnam and the EU.…

DETAILS of the European Union’s (EU) trade agreement with Vietnam have been released that show how the deal could boost the outsourcing of clothing manufacture by EU brands in this key south-east Asian emerging industrial player. The full text of the agreement has now been released (on February 1), and attention will turn to the ratification process, which will happen in the European Parliament for the EU and the Vietnamese National Assembly.…

DETAILS have been released about tariffs to be scrapped regarding food and drink products exported and imported between Vietnam and the European Union (EU) under a trade deal struck last August (2015). The full text has now been released and shows how Vietnam’s emerging market of 89 million people will be opened to the EU’s food manufacturers.…

VIETNAM as almost a “sole supplier of textile products” among Trans-Pacific Partnership (TPP) member countries is banking on the TPP deal to expand its textile market share, according to VITAS – the Vietnam Textile and Garment Association. Moreover, a spokesperson from the association said that “many Hong Kong, South Korean, and Australian firms are developing and planning major textiles FDI [foreign direct investment] in Vietnam to produce yarn and fabric, the supporting textiles industry for apparel production.”…

Free trade agreements with the United States and Europe are essential if the Indonesian textile market is to flourish and compete with strong regional rivals, according to analysts and sector leaders.

The Indonesian government has said it wants to sign the Trans-Pacific Partnership (TPP) agreement agreed by 12 Pacific Rim countries last October (2015).…