The passage of the Trans-Pacific Partnership (TPP) trade deal would benefit US apparel companies by eliminating textile tariffs between 12 participating countries, says Moody's Investors Service. According to a research paper, the ...
Tags: apparel, footwear, textile tariffs
Vietnam’s textile and garment sector continues to be a magnet for FDI. While FDI in Vietnam has fallen significantly in the first six months of 2015, it rose sharply in the textile and garment sector, according to the country’s ...
Tags: textile industry, FDI, garment
Vietnam’s textile and garment industry attracted a majority of the biggest foreign direct investment (FDI) projects approved in the first six months of this year though many provinces had earlier announced they would keep away from ...
Tags: textile fashion, FDY project, garment
Financial services company India Nivesh has warned that when the Trans Pacific Partnership (TPP) comes into effect, India would be negatively impacted to a major extent; though India would not be the only country at disadvantage. China, ...
President Barack Obama has signed two important trade measures into law – the Trade Preferences Extension Act of 2015 and Bipartisan Congressional Trade Priorities and Accountability Act of 2015 (TPA-2015). Both bills, passed by ...
Tags: Obama, trade measures, Apparel, Footwear
Far Eastern New Century Corporation (FENC), one of Taiwan’s leading textile makers, will invest NT$ 10 billion (US$ 320 million) to expand its existing capacity in Vietnam. In a statement issued following the company’s ...
The Indian Government has officially kicked off the preferential credit package of $300 million to promote India-Vietnam garment cooperation, the Vietnamese media has reported. India will invest in building an industrial park specialising ...
Bangladesh has expressed concern over the US trade bill concerning the Trans Pacific Partnership (TPP) apprehending that a less developed country (LDC) like Bangladesh would lose its competitive edge in the American market due to ...
Tags: US trade bill, American market, Apparel
China is adopting a more welcoming attitude toward the Trans-Pacific Partnership (TPP), a US-led free-trade agreement now being negotiated by 12 countries, the official media has reported. Zhang Jianping, director of the department of ...
Tags: Trans-Pacific Partnership, FTAAP
Vietnam, which has so far allowed duty free import of polyester staple fibre (PSF) could charge a 2 per cent import tax following a proposal by the ministry of industry and trade to encourage domestic production, a Vietnamese newspaper has ...
Tags: Import Tax, polyester staple fibre
The U.S. Senate Finance Committee passed legislation Wednesday evening that wlil give President Obama trade promotion authority, or TPA, a necessary step for his administration to conclude negotiation of the Trans-Pacific Partnership (TPP). ...
Tags: Sporting Goods, Recreation
The impact of the Trans-Pacific Partnership (TPP) agreement on China and non-TPP major Asian manufacturers South Korea and Taiwan will be minimal. However, other non-TPP Asian nations (particularly textile manufacturers) and small domestic ...
Tags: Trans-Pacific Partnership, textile
Outdoor Industry Association joined more than a dozen industry executives from the Pacific Northwest and several members of the Washington State Congressional delegation this past Monday for a roundtable conversation with U.S. Secretary of ...
Tags: Interior Secretary, Sporting Goods
Considering that the Thailand textile sector begins from petrochemicals and extends to fashion and the Vietnam garment industry has to import 85 per cent of its raw material requirements, cooperation between the two countries could help ...
Tags: Textile Sector, textile
Irrespective of the fine print in the Trans-Pacific Partnership (TPP) agreement, expected to be signed this year, Vietnam’s apparel industry is likely to benefit at the expense of its South Asian competitors like Bangladesh and Sri ...
Tags: Apparel Industry, Apparel