Vietnamese garment exporters are anticipating a rise in import orders from Japan during the remaining months of the current year, Vietnam National Textile and Garment Group (Vinatex) said.
According to Vietnam News, the expectation of exporters is based on the fact that several leading importers, including the EU, the US and Japan, have cut their orders for similar goods to China.
Vietnam’s Gia Dinh Textile and Garment Corp (Giditex), recently inaugurated a new production unit in association with Japan’s Tamurakoma Co for production of products meant for export to Japan.
To explore prospects of ensuring higher number of orders next year, Giditex also convened meetings with four Japanese conglomerates, namely Tamurakoma, Yamatoya Co Ltd, Togashi Hosei and Apron, during September-end.
Bui The Kich, Chairman of Dong Nai Garment Corp (Donagamex), a Vinatex Group company, said they also received a delegation of Japanese clients.
During September, Donagamex made around US$ 50 million in exports, with Japan contributing about US$ 24 million of the same. Mr. Kich said the turnover was satisfactory, given that lesser number of orders were flowing from key import markets.