Home / Knowledge / News / Apparel/Garments / Apparels exports record growth in first four months
Apparels exports record growth in first four months
15
May '09
In spite of ongoing economic meltdown the US remains the largest apparel importer for Vietnam's apparel industry, said Mr. Nguyen Son, Deputy General Secretary of the Vietnam Textile and Apparel Association (Vitas).

Though, in the first quarter of the current financial year, Vietnam's apparel exports to the US markets dwindled by 4 percent, its overall export to the same market in first four months of this year improved by 2 percent compared to the same period of last year.

This downfall in exports was due to the US recession, said Mr. Son, adding that many of the other major apparel exporters experienced much higher decreases, such as China witnessed a fall of 11 percent in apparel exports in first two months.

Domestic exporters expect an increase in apparel exports to the US markets during next two months as US importers resume apparel imports. According to industry insiders, apparel exports are witnessing a recovery since April as domestic apparel exporters received more export orders.

These exporters have started recruiting workers again, informed Mr. Son. The domestic apparel exporters have been advised by Vitas to improve their competitiveness in terms of price and quality of service.

Vitas statistics revealed that exports from the clothing industry touched US $2.6 billion in first four months of this year. According to prediction made by Vitas, the apparel export output in first six months of this year could be as similar as that of last year's. However, the domestic apparel exporters should explore new markets.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Sonam & Paras Modi
SVA

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search