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Vietnam Grants $40 Per Dollar To Textile And Clothing Exports.
According to "Vietnam Economic Times" reported on March 6th, recently, the Vietnamese Prime Minister decided to stabilize the textile and clothing industry and footwear industry employees, subsidize exports of textiles and clothing and footwear, and export 40 dollars for every $1 of exports.
Meanwhile, the Ministry of finance has studied the value added tax on imported cotton from 10% to 5%. And asked the central bank to act as an excellent loan for Vietnam Textile Group to import cotton reserves for 15 million US dollars.
Editor in chief: Xu Qiyun
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