expresstradecapital

expresstradecapital

Vietnam Climbs Garment Supply Chain

Sadie Keljikian, Express Trade Capital After a prolonged malaise, Vietnam’s manufacturing industry has re-emerged as a significant player in the global clothing supply chain. For years, the Vietnamese garment industry has suffered a shortage of local raw materials stymieing opportunities for…

CBP Begins Third Phase of New GSP

U.S. Customs and Border Protection (CBP) has entered the third phase of its renewed Generalized System of Preference (GSP) Retroactive Refund Processing. The system was enacted on July 29th, 2015 and remains in effect through December 31, 2017. During the third phase, importers…

CBP Updates GSP

US Customs and Border Protection (CBP) has completed 98% of the automatic refunds for Generalized System of Preference (GSP) for entries filed with the “A” SPI and were duty paid. CPB is reviewing the remaining 2% of qualifying entries for…

Wage Increase Riles LA Garmentos

Sadie Keljikian, Express Trade Capital Los Angeles, one of the country’s primary garment manufacturing centers, is bracing for the impending hike in the city’s minimum wage. The new law, which will increase the city’s minimum wage to $15 an hour by 2020, will be enacted…