Home / Knowledge / News / Apparel/Garments / Clothing sector committed to achieving export targets
Clothing sector committed to achieving export targets
Mar '10
The textile and clothing sector in Vietnam has affirmed its commitment to export US $10.5 billion worth of goods targeted by the sector in 2010. This was brought forth at a meeting of the Vietnam Textile and Garment Association.

The meeting was held to evaluate the textile and garment market situation this year and to work out solutions to meet the above-said target. Exports from the sector touched $9.06 billion in 2009, down just 0.6 percent year-on-year.

When compared with other competitor countries like China and India, this marginal reduction in exports is much better than those achieved by those two countries, was the unanimous opinion of those present at the meeting.

The optimism of achieving the targeted figures stems from the fact that a recovery in the key markets to which the industry exports is noticeable leading to a improvement in consumption demand and in turn order positions of exporting firms.

There are over 2,000 textile and garment enterprises in Vietnam, creating jobs for over two million workers and was the highest export revenue generator in 2009 and also has been able to retain its competitive edge despite the crisis in 2009.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd May 2017

GST to be biggest achievement of Modi govt: ASSOCHAM

Goods and Services Tax (GST) which is near a roll-out would be the...

Textiles | On 22nd May 2017

Maintaining NAFTA benefits is crucial: Cotton council

The US must remain a participant in a vibrant North American Free...

Apparel/Garments | On 22nd May 2017

Retailers ask Congress not to go for consumption tax

The National Retail Federation has asked US Congress to focus on...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Veronique Lee

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Lynda Kelly
Suominen Corporation

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
May 2017

May 2017

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


Browse Our Archives


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