Home / Knowledge / News / Textiles / Ho Chi Minh aims for brighter future in exports
Ho Chi Minh aims for brighter future in exports
31
Jan '08
With the objective of enhancing exports of its key products, Ho Chi Minh City (HCMC) Government plans large investments for designing, model improving and expansion of production in the textile and garment, woodwork, handicrafts as well as footwear sector.

Pham Hoang Ha, Director of Trade Department said that the city targets to increase share of these two sectors up to 25 percent in total exports turnover of the city in 2008 and mark 35-40 percent contribution by 2010.

This year, the city authorities aim to boost its target of total export turnover to 15 percent compared to last year.

According to statistics, HCMC fetched US $16.4 billion, excluding over $1.9 billion from crude oil exports.

The city stands at the top of the country's list of exporters in terms of quantity, with over 6,652 enterprises involved in export activities.

Fibre2fashion News Desk - Vietnam

Must ReadView All

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Textiles | On 30th Mar 2017

Azerbaijan cotton industry created 64,000 jobs last year

Cotton industry in Azerbaijan created 64,000 jobs in 2016, and a...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Mohammad Hassan
Biax Fiberfilm

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Jay Ramrakhiani
Occasions Elegance Wear

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

Tony Ward
Tony Ward

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

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


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