On the morning of 18th July, the Vietnam Textile and Apparel Association (VITAS) held a seminar "CPTPP and EVFTA - impacts on Vietnam Textile and Garment Industry". 
 

Attending the ceremony were Mr. Tran Thanh Hai - Deputy Director of Import-Export Department, Ministry of Industry and Trade, Mr. Vuong Duc Anh - Ministry of Industry and Trade, Mr. Vu Duc Giang - VITAS President, Mr. Truong Van Cam, Vice President of VITAS. Prof. Nguyen Sy Phuong, Deputy Director of the Institute of Textiles and Garments, representatives of enterprises, press agencies attended.
 

Mr. Vu Duc Giang - President of VITAS delivered the opening speech

At the workshop, Mr. Vu Duc Giang emphasized the achievements of the textile and garment industry in the first 6 months of the year, while giving objective and subjective reasons to help the textile and garment industry to grow. statue. Mr. Giang said that the free trade agreements of Vietnam have been signed as one of the attractive forces to help Vietnam attract investment from countries around the world, including major countries such as the United States, Europe, France, Germany, Korea, Taiwan, Hong Kong, China ... In addition, the ability to develop modern technology, invest in advanced equipment to meet fast delivery time. , quality products, reasonable price is the strength of Vietnam compared to many countries compete for export of textiles. 
 

Mr. Truong Van Cam - Vice President of VITAS shared about the situation of the textile industry in the first 6 months

According to Truong Van Cam, total export turnover of textiles and garments in the first six months of 2018 is estimated at $ 16.5 billion, up 16.49% over the same period last year. last year, higher than the 10.43% growth rate of the same period of 2017. With high export growth rate in the first half of the year, along with the new developments from the US-China trade war in favor As for the goods of Vietnam as well as the progress of importing NPLs, the textile and garment export turnover of Vietnam in the second half of the year is expected to reach a good growth rate with an estimated turnover of USD 18.5 billion. Annual export turnover reached 35 billion USD, exceeding 1 billion USD compared with the plan.

Specifically, the garment sector was worth $ 12.86 billion, up 15.27 per cent year on year, up from 8.33 per cent in 2017. 83%, items with high added value also had good growth as fiber increased 19%, geotextile increased 11.8%, textile accessories increased 19.1%.

Total import value of textiles and garments in the first 6 months of 2018 is estimated at $ 10.78 billion, up 15.99% over the same period of 2017. Trade surplus value reached $ 7.6 billion, up 13, 87% over the same period last year.

Export markets, the key export markets such as the United States, the CPTPP countries, the EU, South Korea, China, ASEAN ... all increased sharply, the growth rate exceeded the same period in 2017; Exports in the first 6 months of 2018 are the fabrics, t-shirts, jackets, ... At the same time, the order situation of enterprises is very positive, many enterprises have received orders through the year . Some typical export turnover are: Viet Tien Garment Joint Stock Company, Regina Miracle Co., Ltd., Worldon Co., Ltd. ...
 

Mr. Tran Thanh Hai - Deputy Director of Import-Export Department - Ministry of Industry and Trade shared the situation of textile and garment industry before the Agreement and EVFTA.

Tran Thanh Hai, Deputy Director General of the Import-Export Department under the Ministry of Industry and Trade, emphasized: "To boost exports, the textile and garment industry needs to invest in a sustainable way. In addition, in order to expand the export market, there should be close links with the FTA-participating markets. There are still significant agreements on textiles and clothing such as CPTPP, Vietnam-EU FTA, etc. All these agreements are in the forefront and will be implemented in the near future. This will be a powerful push for Vietnam Textile Industry.

At the seminar, guests were greeted by Mr. Vuong Duc Anh - Import-Export Department of the Ministry of Industry and Trade on the CPTPP and EVFTA agreements as well as impacts on the DMVN industry and Ms. Pham Thi Thuy Van - Deputy Director Marketing New Saigon Port introduces logistics solutions for the DMVN sector in the context of the CPTPP and EVFTA agreements entered into force.

According to vinatex.com