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Vietnam becoming a hot spot for Chinese textile firms

Related Keywords: apparel produced in Southeast Asian country, Chinese textile mnaufacturers, for the United States market, leading exporter of clothing, major importer of fabrics, struggling to cope with international demand, Trans Pacific Partnership agreement, Vietnam beocming a hot spot, weak domestic production, will be tariff free

With the conclusion of Trans-Pacific Partnership agreement, the apparel produced in the Southeast Asian country for the United States market will be tariff-free. This has enticed Chinese textile manufacturer to Vietnam which is turning into a hot spot as it has become a major importer of fabrics and a leading exporter of clothing. But weak domestic production has left local companies struggling to cope with international demand.

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