Home / Knowledge / News / Apparel/Garments / Floodgates to open into Japanese apparel market from Oct 1
Floodgates to open into Japanese apparel market from Oct 1
25
Sep '09
The apparel export sector of Vietnam is expected to get a boost from October 1, the day the Vietnam-Japan Economic Partnership Agreement (VJEPA) comes in to effect, which entails export of textiles and apparels to Japan at zero-duty. More than 80 percent of the companies have their order book positions full up to the end of the year and nearly 40-50 percent of these orders are from Japanese retailers.

The Saigon 3 Garment Co. has signed a memorandum of understanding with Japanese partners that will use its full capacity until the middle of 2010. Though previously Saigon 3 has made a wide range of shirts, jackets and sportswear, it is retooling to make jeans and khaki pants for Japan.

It's a market where, says General Director Pham Xuan Hong, “consumers are very fastidious and we need to specialize to be able to provide higher quality products”. Incidentally, from amongst 47 Vietnamese jeans exporters, Saigon 3 led the pack with exports totaling to US $16.7 million in the first seven months of 2009, a gain of 82 percent over the previous year.

Saigon 3 earns up to $1.30 per pair of jeans, when exporting to Japan, while it gets only $1.20 when exporting the same to the US. The gap between the prices of exports to the US and Japan is not big, but what is appreciated is the steadiness of the orders from Japan. However, exporting companies take utmost care to maintain stringent quality standards, when shipping apparels to Japan.

According to the Ministry of Industry and Trade, Vietnam-made products of all kinds, now account for just 1.19 percent by value of Japanese imports, trailing Malaysia (3.05 percent), Thailand (2.73 percent), Indonesia (4.27 percent) and China (18.83 percent).

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: American Silk Mills

Textiles | On 18th Oct 2017

Sutlej Textiles adds American Silk Mills to its portfolio

Sutlej Textiles and Industries Ltd (STIL) has announced the...

Arvind Limited executive directors Punit Lalbhai (left) and Kulin Lalbhai explaining the project to Gujarat chief minister Vijay Rupani. Courtesy: Arvind Ltd

Apparel/Garments | On 18th Oct 2017

Arvind to set up mega apparel facility in Gujarat

Arvind Limited, one of India’s largest textile to retail...

Cotton stocks accumulating everywhere outside of China

Textiles | On 18th Oct 2017

Cotton stocks accumulating everywhere outside of China

Global cotton stocks outside of China are expected to rise by nearly...

Interviews View All

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Nitesh Mittal

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

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Silke Brand-Kirsch
Schlegel und Partner

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

Urs Stalder
Sanitized AG

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

Sonam & Paras Modi
SVA

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

Tony Ward
Tony Ward

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.3%
No
13.6%
Skip
9.1%

Total Votes: 66

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
60.6%
No
28.8%
Skip
10.6%

Total Votes: 66

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.8%
No
10.6%
Skip
4.5%

Total Votes: 66

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
74.2%
No
12.1%
Skip
13.6%

Total Votes: 66


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