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EuroCham: EVFTA a win-win deal for both Vietnam and the EU

Nicolas Audier, co-chairman of the European Chamber of Commerce in Vietnam (EuroCham), said that the trade pact will benefit not only companies and consumers, but also the welfare, wages and living standards of millions of people in Vietnam.

Garment exports increased by 40 times as a result of FTAs

Vietnam is expected to earn US$31 billion from exports of textile and garment this year, a ten per cent increase compared to last year.

FDI in textile industry: "The outdated technology is still invested because it is cheap"

Outdated technology from China is coming to developing countries and Vietnam is believed to be an opportunity market, especially in the field of textile investment.

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