Shoe making is one of the industries of more opportunities as TPP is signed. In this picture: Workers are working at TBS According to Mr. Chi, production and business results are yielded by suitable and on schedule market plans.So as to achieve suitable production and business plan, we need investment and development strategies to move forward and retain as accidents happen.Such strategies are formed by various factors of which market information, customer behaviors, and stable policies are the key.“Domestic producers are following the negotiation and signing news of TPP to build their follow-up plans and strategies to promote advantage of TPP while consumers, mainly American, are pending for TPP to be offered with bargain prices,” said Chi.So as to sustain the benefits from TPP, the related matters should updated, disseminated, and evaluated at the same clue. And, enterprises shall plan for themselves without the feeling of lagging behind due to information insufficient.“To see opportunities is to catch them all; however, if we fail to do so it should be of great pity,” added Chi.Strategy buildingAs an experienced experts in textile industry, General Director of Far Eastern Apparrel Vietnam, Mr. Peter Chan analyzed: “Vietnam is ranked third globally in terms of textile product supply but the weaving technology is low. Vietnam is a country of agriculture where labor forces are rich in the enriching vocational training environment. Textile industry is attractive in the stage of global integration. India, Taiwan, and even the USA started up their cause of economic development from textile. This industry in Vietnam currently is just like Taiwan 40 years ago except the faster investment pace and technology line reforms. The industry bears high risks for the environment, requiring pollution treatment duly to the State’s requirements. In the very first stage, the State is required to offer more favorable policies to investments of domestic enterprises so as to elevate self-governance and help domestic enterprises to venture deeper to technology market to pair with other FDI enterprises in TPP.”Aside from self completion and preparation in terms of strategies to catch opportunities, information needs hold major role in understanding the integration progress.Chi continues: “The negotiation process of TPP is very important, information shall be disclosed but some may be very sensitive. So as to help enterprises to timely catch up for their strategy building, information connection should be established to suit conditions and competence of the enterprises. Currently, information about TPP is only accessible through the mass medias without an official agency disclosing the negotiation.”Reported by Duy Chi – Translated by Vi Bao
TPP: Challenge-accompanied opportunities
It goes without saying that challenges come with opportunities. The brewing Trans-Pacific Partnership (TPP) shall open up greater opportunities for producers and exporters in integration and strong development; however, what to hold for the time passing by.Information needsDirector of Asama Corporation in Song Than II Industrial Park in Di An Town, Mr. Chau Vi Chi said: “TPP is meaningful to the economy in general, in which producers and exporters are major beneficiaries thanks to market preference, joint venture, and tax reduction. Producers and exporters like Asama are expecting for TPP to accomplish their joy.” Shoe making is one of the industries of more opportunities as TPP is signed. In this picture: Workers are working at TBS According to Mr. Chi, production and business results are yielded by suitable and on schedule market plans.So as to achieve suitable production and business plan, we need investment and development strategies to move forward and retain as accidents happen.Such strategies are formed by various factors of which market information, customer behaviors, and stable policies are the key.“Domestic producers are following the negotiation and signing news of TPP to build their follow-up plans and strategies to promote advantage of TPP while consumers, mainly American, are pending for TPP to be offered with bargain prices,” said Chi.So as to sustain the benefits from TPP, the related matters should updated, disseminated, and evaluated at the same clue. And, enterprises shall plan for themselves without the feeling of lagging behind due to information insufficient.“To see opportunities is to catch them all; however, if we fail to do so it should be of great pity,” added Chi.Strategy buildingAs an experienced experts in textile industry, General Director of Far Eastern Apparrel Vietnam, Mr. Peter Chan analyzed: “Vietnam is ranked third globally in terms of textile product supply but the weaving technology is low. Vietnam is a country of agriculture where labor forces are rich in the enriching vocational training environment. Textile industry is attractive in the stage of global integration. India, Taiwan, and even the USA started up their cause of economic development from textile. This industry in Vietnam currently is just like Taiwan 40 years ago except the faster investment pace and technology line reforms. The industry bears high risks for the environment, requiring pollution treatment duly to the State’s requirements. In the very first stage, the State is required to offer more favorable policies to investments of domestic enterprises so as to elevate self-governance and help domestic enterprises to venture deeper to technology market to pair with other FDI enterprises in TPP.”Aside from self completion and preparation in terms of strategies to catch opportunities, information needs hold major role in understanding the integration progress.Chi continues: “The negotiation process of TPP is very important, information shall be disclosed but some may be very sensitive. So as to help enterprises to timely catch up for their strategy building, information connection should be established to suit conditions and competence of the enterprises. Currently, information about TPP is only accessible through the mass medias without an official agency disclosing the negotiation.”Reported by Duy Chi – Translated by Vi Bao
Shoe making is one of the industries of more opportunities as TPP is signed. In this picture: Workers are working at TBS According to Mr. Chi, production and business results are yielded by suitable and on schedule market plans.So as to achieve suitable production and business plan, we need investment and development strategies to move forward and retain as accidents happen.Such strategies are formed by various factors of which market information, customer behaviors, and stable policies are the key.“Domestic producers are following the negotiation and signing news of TPP to build their follow-up plans and strategies to promote advantage of TPP while consumers, mainly American, are pending for TPP to be offered with bargain prices,” said Chi.So as to sustain the benefits from TPP, the related matters should updated, disseminated, and evaluated at the same clue. And, enterprises shall plan for themselves without the feeling of lagging behind due to information insufficient.“To see opportunities is to catch them all; however, if we fail to do so it should be of great pity,” added Chi.Strategy buildingAs an experienced experts in textile industry, General Director of Far Eastern Apparrel Vietnam, Mr. Peter Chan analyzed: “Vietnam is ranked third globally in terms of textile product supply but the weaving technology is low. Vietnam is a country of agriculture where labor forces are rich in the enriching vocational training environment. Textile industry is attractive in the stage of global integration. India, Taiwan, and even the USA started up their cause of economic development from textile. This industry in Vietnam currently is just like Taiwan 40 years ago except the faster investment pace and technology line reforms. The industry bears high risks for the environment, requiring pollution treatment duly to the State’s requirements. In the very first stage, the State is required to offer more favorable policies to investments of domestic enterprises so as to elevate self-governance and help domestic enterprises to venture deeper to technology market to pair with other FDI enterprises in TPP.”Aside from self completion and preparation in terms of strategies to catch opportunities, information needs hold major role in understanding the integration progress.Chi continues: “The negotiation process of TPP is very important, information shall be disclosed but some may be very sensitive. So as to help enterprises to timely catch up for their strategy building, information connection should be established to suit conditions and competence of the enterprises. Currently, information about TPP is only accessible through the mass medias without an official agency disclosing the negotiation.”Reported by Duy Chi – Translated by Vi Bao
