The United States will continue to be the world’s biggest exporter of this raw material in the ongoing campaign although the Asian giant has kept tariff rates of 25% on its imports from July 2018.
Births will be stagnated in the coming decades at the same time that life expectancy will grow: the average age of the population, which currently is 30 years old, will stand at 41 at the end of the century.
In three years, the Vietnamese Government approved three wage rises: 7.3% in 2017, 6.5% in 2018 and 5.3% in 2019, according to a report prepared by the Fair Labor Association.
Once one of the PIGs, it led a recovery described by the experts as astonishing and is today the fastest growing economy in the euro area.
News on the latest macroeconomic indicators related to the textile- and fashion industry worldwide.