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Update news textile and garment sector
The COVID-19 pandemic has left Vietnam’s textile and garment sector in deep trouble because of rising order cancellations and delays, but some producers have found a way around and been able to weather the storm.
VietNamNet Bridge - Eighty-five percent of textile and garment companies have outsourcing contracts with foreign partners, but the situation is expected to change when the Trans Pacific Partnership (TPP) Agreement becomes effective.