Vietnam’s exports of textiles and clothing are projected to increase by 7 per cent this year to $29 billion, far below the trade ministry’s previously-targeted $31 billion and the lowest growth in the last decade.
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Indian apparel and textile manufacturing has reached new heights in the last few years and Indian exports are welcomed all over the world for their quality and value added features.
In May 2015, the European Commission launched the Digital Market Strategy, which includes digitalising European industry, standards and interoperability. European top officials recognise the importance of digital data exchange enabling effective communication or traceability along the supply chain, from raw material to point of sale.