Apparel maker Vinatex promotes trade in Canada

by Khánh03 June 2019 Last updated at 15:32 PM

General Director of the Vietnam National Textile and Garment Group (Vinatex) Lê Tiến Trường has said Vinatex will promote trade in Canada to tap opportunities brought by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP

Inside a factory of the Vietnam National Textile and Garment Group (Vinatex).

HÀ NỘI — General Director of the Vietnam National Textile and Garment Group (Vinatex) Lê Tiến Trường has said Vinatex will promote trade in Canada to tap opportunities brought by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

In the first five months of this year, the firm’s exports to Canada hit nearly US$900 million, or 6 per cent of Canada’s apparel imports. It hopes to earn about $1.5-1.7 billion in Canada this year, taking more than 12 per cent of market share.

Recently, Vinatex and its affiliates held a trade exchange, the second of its kind, with Canadian apparel importers and distributors.

Apart from clothing products, they also introduced knitted fabrics by domestic firms such as Đồng Xuân, Hanosimex, Đông Phương and Liên Phương.

Trường said following the event, Canadian partners will sign more contracts because they value made-in-Việt Nam textile and garment products. — Khánh

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