Home / Knowledge / News / Apparel/Garments / Vietnam's garment exports on an upbeat
Vietnam's garment exports on an upbeat
28
Jul '11
Textiles and garment exporters in Vietnam are upbeat as they have already booked export orders enough to keep them busy till year-end, according to the Vietnam National Textile and Garment Group (Vinatex).

Accordingly, textiles and garment exporters are anticipating volume-wise export growth of 20 percent this year, while the prices are expected to grow by 12 to 13 percent.

This would also enable the Vietnamese textiles and garment exports sector to meet its current year's target of US$ 13.2 billion, while registering a year-on-year rise of 18 percent.

During the first half of the current year, Vietnam's textiles and apparel exports to the US, EU, Japan, and Korea maintained a positive trend.

The United States was the largest importer of Vietnamese textiles and garments during January-June period of 2011, accounting for around 51.6 percent of the Vietnam's exports of these goods. The US imported garment and textile items worth US$ 3.18 billion from Vietnam during the period, registering a year-on-year rise of 17.3 percent.

Vietnam's exports to the European markets registering a year-on-year rise of 51 percent grew to US$ 1.16 billion during the same period, while those to Japan grew by 47 percent to US$ 712 million.

Vietnam's exports to the Republic of Korea (RoK) too rose by 78 percent in terms of value, mainly owing to the RoK-ASEAN Free Trade Agreement.

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search