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Vietnam garment business likely to face export difficulties post Brexit

Related Keywords: affect buy and sale prices of importers, face difficulties in exports, fourth quarter this year, pound and euro’s depreciation, Veitnam textile and garment businesses

Veitnam’s textile and garment businesses likely to face difficulties in export from the fourth quarter this year as the pound and euro’s depreciation will affect buy and sale prices of importers and the price difference between currencies will be lower than before, under the impact of Britain’s exit from the EU, according to the Vietnam Textile and Apparel Association.

Moreover, Brexit is said to cause some purchasing power changes in the EU and Britain.

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