Canada will be potential market for Vietnamese export garments
Tuesday, December 11,2018AsemconnectVietnam - Canada will be a potential market for Viet Nam’s export garment products when the Comprehensive Partnership and Trans-Pacific Partnership (CPTPP) takes effect in early 2019, according to Le Tien Truong, general director of Viet Nam National Textile and Garment Group (Vinatex).
Meanwhile, Viet Nam the CPTPP is Viet Nam’s first free trade deal including Canada.
Specifically, Vinatex sent a delegation of local textile and garment companies to Canada to look for opportunities with textile and garment importers in this market, including Ha Noi Textile and Garment Joint Stock Corporation (Hanosimex), Hoa Tho Textile and Garment Joint Stock Corporation, Duc Giang Corporation and Phong Phu Corporation.
Phong Phu’s representative said the corporation learned about the demand for textile and garment products of this market via direct contacts with Canadian customers. Next, it will set up production plans to achieve its goals in Canada.
Hanosimex has looked for more input material suppliers in Viet Nam or other member countries of the CPTPP to diversify commodities and build a flexible production model to meet demand from contracts of large volume with medium quality to contracts of small volume with high quality products.
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