Textile/garment: Higher quality and well-known brands
VietNamNet Bridge, Vietnam
VietNamNet – When the WTO forces open quotas – the biggest barrier to Vietnam’s textile and garment products will be abolished. However, the government’s supportive policies toward textile and garment production will also disappear.
According to the Industry Deputy Minister Bui Xuan Khu, after Vietnam joins WTO, turn over of textile and garment products is very likely to double within a short time. But in order to make the most of this opportunity together and ensure stronger competitiveness, Vietnam needs to apply comprehensive measures in terms of improved materials, brand names, labour, management, technology and marketing.
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