Opportunities and Challenges for Vietnam’s Textile and Garment Exports in TPP and EU-Vietnam FTA

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Both EU and TPP contracting parties are key export markets, accounting for more than two thirds of Vietnam’s annual textile and garment exports. However, textile and garment enterprises cannot enjoy duty preferences automatically, unless their products are qualified as “originating” under the agreements’ rules of origin. Strategic investment promotion, administration procedures, and local enterprises’ capacity building require further improvements, to take advantage of the opportunities and create more added value in the textile and garment industry.

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