Holding a 12 per cent market share in Canada's imports, Vietnam attributes its success to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
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The logistics costs for containers traveling through Europe may increase by US $ 1,000 to US $ 2,000 due to Red Sea tensions.
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Vietnam's US $ 19.14 million lead in this sector surpassed China's US $ 17.70 million, with other countries totaling US $ 1.07 million.
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Vietnam Textile Sector recorded 10 per cent decline in turnover and 30 per cent decrease in unit production costs last year.
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Laura Marsh, Babbico's co-founder, expressed confidence in Le Vesconte's contribution.
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The GSO reported that exports, which were the primary source of foreign exchange earnings in 2023, dropped 8.3 per cent to US $ 355.5 billion.
