Hanoi (VNA), April 22 -- The flow of foreign direct investment ( FDI ) into the Vietnamese garment and textile sector has rebounded thanks to the country's sound investment climate and abundant workforce as well as its open economy, according to insiders.

Chairman of the Vietnam Textile & Apparel Association (VITAS) Vu Duc Giang said foreign garment and textile producers are expanding their operations in Vietnam to take advantages in the Vietnamese market.

He held that various free trade agreements (FTA), particularly new-generation deals such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), EU-Vietnam FTA (EVFTA) and Regional Comprehensive Economic Partnership (RCEP) to which Vietnam is a signatory ...