textile industry - gained great benefit from the TPP
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With the prospect of the TPP, garment exports from Vietnam to the United States could grow 13-20% / year over the period 2013-2017. Besides, if the TPP promote good investment in the raw material as expected, the surplus target, the value added and the localization ratio of the sector will be strengthened. It is assumed that the industry will soon be completed with the objective of achieving localization rate of 60% by 2015 and 70% in 2020.
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