Home / Knowledge / News / Apparel/Garments / Textiles & clothing exports to touch $11 billion
Textiles & clothing exports to touch $11 billion
Oct '10
The total export earnings of the textile and garment industry in Vietnam which by now stands at US $9.166 billion, is seen to reach $11 billion, by year end, thus exceeding its set target by $500 million. This was revealed by Nguyen Son, from the Vietnam Textile and Apparel Association (VITAS).

The growth of the sector has sustainably maintained high levels over the past few months, with a majority of the key markets depicting a rise of between 5 to 20 percent.

Exports to the EU markets grew by seven percent during September and October, Japan by 14.7 percent, whereas Russia registered a growth of five percent. But above all, US was still the largest market accounting for around 50 percent of the country's overall textile and garment export in value.

As stated by Nguyen Son, many of the textile and garment firms have booked orders which will run till end of March, next year. Further, textile and garment exports from Vietnam to Republic of Korea, has clocked a striking growth rate of 80 percent.

Also, with some of the Italian entrepreneurs looking forward to invest in Vietnam's weaving and dyeing industry, this is seen to advance Vietnamese businesses with an opportunity to grow their export markets in times to come.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Apparel/Garments | On 23rd Mar 2017

E-retailers to pay up to 1% TCS under GST

E-retail marketplaces will need to deduct up to 1 per cent tax...

Textiles | On 23rd Mar 2017

Lanxess to expand chemical intermediates capacity

The Advanced Industrial Intermediates business unit of German...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

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

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Eamonn Tighe
Nature Works LLC

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

Paolo Ocleppo
Sandvik Hyperion

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

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sanjukta Dutta
Sanjukta's Studio

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

Jay Ramrakhiani
Occasions Elegance Wear

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

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:
March 2017

March 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search