Việt Nam’s garment and textile sector is set to expand its market share globally, taking advantage of free trade agreements (FTAs) to become “a manufacturer of the world’s established brands”, a trade and investment official has said.
Startups and small businesses need to improve product design and quality assurance to gain entry to supermarket chains, speakers said at a workshop held on March 19 in HCM City.
Fifty booths featuring fish breeding equipment and 200 ponds for ornamental fish are on display at the third Ornamental Fish Festival.
More than 30 leading Vietnamese manufacturers of garments, textiles and fashion accessories as well as garment-related industries are displaying their products at Hong Kong’s largest one-stop sourcing fashion show which opened on April 27.
A detailed plan on logistics development, especially on transport connectivity, is needed to set goals for industrial production, agriculture and imports-exports, experts have urged.
HCM City authorities yesterday discussed the current shortcomings of tax and customs regulations in Việt Nam at a dialogue between the city authority and enterprises.
An increasing number of overseas buyers are sourcing products from Việt Nam as the country is rapidly improving its supply chain for locally made garments and taking part in more free trade agreements.
Domestic trade is expected to continue rising this year, experts have forecast.
Twenty one southern cities and provinces will colaborate in the development of a farm-produce chain to ensure safe, quality products reach the market, according to the HCM City Investment and Trade Promotion Centre (ITPC).