Home / Knowledge / News / Apparel/Garments / TPP will boost Vietnam-US ties: PM Dung
TPP will boost Vietnam-US ties: PM Dung
05
Dec '13
Froman (R); Dung (L)/VNA/VNS
Froman (R); Dung (L)/VNA/VNS
The signing of the Trans-Pacific Partnership (TPP) agreement would provide a strong foundation for boosting ties between the 12 signatory countries, including Vietnam and the US, Vietnam’s Prime Minister Nguyen Tan Dung said at a reception for US Trade Representative Michael  Froman in Ha Noi.
 
PM Dung said the Vietnamese Government would closely collaborate with the US to achieve the targets of the TPP negotiations, and hoped that the US would consider helping Vietnamese garment and textile exports, by giving an access to its market, Viet Nam News reported.
 
He hoped that during the TPP negotiations, the US would help create agreements tailored to benefit the two sides.
 
Mr. Froman said the successful negotiations for the TPP would increase cooperation between Vietnam and the US, especially in the fields of economics, trade and investment.
 
Mr. Froman applauded Vietnam’s efforts in TPP negotiations and said he expects Vietnam and the US to reach specific agreements in the future.
 
Separately, Mr. Froman also met Vietnamese President Truong Tan Sang, who told him that Vietnam will exert every effort to push up the signing of the TPP, involving both Vietnam and the US.
 
President Sang said he highly valued the coordination between Vietnam and the US during the TPP negotiation process.
 
He said the TPP plays a vital role in the foreign economic policies of both countries, as the agreement would open new cooperation prospects for both countries.
 
In reply, Mr. Froman said TPP is of strategic importance to the US in Asia-Pacific, and added that Vietnam would enjoy more favourable conditions to further its regional economic integration.
 
The American Chamber of Commerce in Vietnam expects Vietnam’s apparel exports to the US to reach US$ 8.5 billion in 2013, which would be a 10.4 percent growth over US$ 7.7 billion worth of exports made in 2012.
 
The TPP agreement, once signed and implemented, is expected to further boost Vietnamese apparel exports to the US.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search