Related Keywords: accession to AEC and TPP treaty, ASEAN garment products, assure quality to retain clients, cut expenditure, directly compete with domestic products, expanding distribution system, flood Vietnamese market, local companies seek, lower interest rates, Promoting new design, strengthening brands, Vietnam Garment and Textile Corporation
ASEAN garment products likely to flood the Vietnamese market and directly compete with domestic products following the country’s accession to the ASEAN Economic Community (AEC) and Trans Pacific Partnership (TPP) treaty due to which Vietnamese textile and garment companies might face a huge challenge.
According to Nguyen Thi Dien, chairwoman and executive director of the An Phuoc Shoes Sewing and Embroidering Company, the customers will support domestic goods but the most important factor to retain Vietnamese clients is to assure quality.
