Home / Knowledge / News / Apparel/Garments / Vietnam garment exports to grow at slower pace in 2012
Vietnam garment exports to grow at slower pace in 2012
26
Dec '11
Vietnam's garment exports are likely to grow at a slower pace next year, according to an expert.

Compared to an estimated year-on-year rise of 30 percent achieved by Vietnam's garment and textile sector exports in 2011, the country's exports are likely to increase by 10 percent in 2012, Pham Xuan Hong, Deputy Chairman of Vietnam Textile and Apparel Association (VITAS) said.

In 2011, Vietnam is estimated to earn revenue of US$ 13.7 billion through exports of garments and textiles and the figure will go up to US$ 15 billion in 2012, he added.

Mr. Hong informed that the country's garment and textile enterprises at present have orders for the first quarter of 2012 and the orders for the second quarter are still being negotiated.

In comparison, these businesses had already negotiated orders for second quarter of 2011 by this time last year, he revealed.

In addition to traditional export markets like the US, Japan and European countries, VITAS intends to enhance its exports to new markets including Russia, and the countries of Africa and South America next year, he said.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 28th May 2017

Over 45% US retailers to use AI in next 3 years: Report

Over 45 per cent retailers in the US plan to utilise artificial...

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Apparel/Garments | On 28th May 2017

Naked Brand, Bendon sign agreement to reorganise

Naked Brand Group, a fashion and lifestyle brand, and Bendon Limited, ...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts
Eurofibers

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search