Vietnam’s textile and garment sector was set to be one of the major beneficiaries of the TPP, but now no one is quite so sure. The lower-than-expected business results of Hugaco and Garment 9 reflect the overall performance of Vietnam’s textile and garment sector in 2016. The Thanh Cong Textile Garment Investment Trading JSC (TCG) expected a great deal from the agreement. Experts with a close eye on Vietnam’s textile and garment sector concur. “We hope for quick clarification on this, so that the agreement can come into effect in 2018.”VN Economic Times

Source: VietNamNet News February 04, 2017 08:12 UTC