Exports have slumped from the beginning of this year as soaring inflation and economic recession took their toll on consumption demand in major export markets of Việt Nam. However, the s slowed down in recent months.
Under the development strategy approved by the Government, for the long term, the garment, textile, leather and footwear sectors are still key export industries of the economy.
Vietnamese businesses were advised to to adopt green practices to secure sustainable growth in textile and garment export to Canada, where Viet Nam ranks second among the exporters of such products.
Việt Nam’s textile and garment export value this year is estimated at US$39 billion, up 11.2 per cent year-on-year, according to an official from the Viet Nam Textile and Apparel Association (VITAS).
Exports of textiles and garments in January 2021 were estimated at US$2.6 billion, up 3.3 per cent year-on-year, according to the Ministry of Industry and Trade.
Viet Nam News reporter speaks to Tran Thanh Hai, deputy director of the Import-Export Department under the Ministry of Industry and Trade and Than Duc Viet, deputy general director of Garment 10 Corporation Joint Stock Company (Garco 10) about the...
The domestic textile and garment industry is expected to sustain growth in exports in the coming months, according to the Viet Nam Textile and Apparel Association (VITAS).
Third-quarter numbers for Viet Nam''s textile and garment industry show
US demand growing and taking the lead amongst buyers, accounting for
nearly 50 per cent of the industry''s total export revenue so far this
year.
Viet Nam''s garment and textile export turnover to countries taking part in the
Trans-Pacific Partnership (TPP) negotiations increased by 69.66 per
cent in the first five months compared with the same period last year.
Textile and garment enterprises in southern Dong Nai Province have,
according to the regulations of the Trans-Pacific Partnership Agreement
(TPP), made great efforts to improve production