Home / Knowledge / News / Apparel/Garments / Vietnam leads global textile & apparel export growth
Vietnam leads global textile & apparel export growth
17
Apr '13
Vietnam has achieved a 32 percent rise in textile and apparel exports during 2005-11, which is the highest in the sector for any country, a recent survey shows.
 
This information was revealed by Dhyana Van der Pols, a consultant with the Centre for the Promotion of Imports from Developing Countries (CBI) functioning under the Dutch Ministry of Foreign Affairs, while speaking at a conference titled "Competitiveness of Vietnam's Textile Industry: Perspectives in the Eyes of International Experts”.
 
According to Ms. Pols, the Vietnamese sector’s triumphant export growth is mainly because of the political stability and cheap labour availability in the country.
 
Next to Vietnam, China posted second highest export growth of 15 percent, while India, Malaysia, Thailand and Turkey stood third with an individual growth of around 7 percent.
 
Ms. Pols said presently though Vietnam does not position itself amongst top 10 textile and garment exporters to the EU, the world’s biggest apparel consumer, it is likely to earn enhanced access to the EU market if a proposed free-trade agreement (FTA) between the two parties materializes. 
 
The conference was jointly organized in the HCM City by CBI and Vietnam National Textile and Garment Group (Vinatex).
 
The exports of garments and textiles from Vietnam have reached US$ 4.2 billion during the first quarter of the current year, registering a year-on-year rise of 16 percent, according to the Vietnam Textile and Apparel Association (VITAS).
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Eamonn Tighe
Nature Works LLC

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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:
July 2017

July 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