Home / Knowledge / News / Textiles / Fabric import escalates - MOIT
Fabric import escalates - MOIT
08
Feb '08
A recently released statistical report from the Ministry of Industry and Trade confirms that in the last fiscal year 2007, textile and apparel industry expended around 3.98 billions for importing raw materials mainly fabrics, to be used for local production. The figures represented a year–on–year growth of 33.6 percent.

China remained the largest supplier of fabric, during this period, valued at US $1.35 billion, accounting for 34.1 percent of total import turnover of Vietnam.

Besides fabric, Vietnamese textile and apparel industry poured huge amount to import cotton and fibre as well.

The available data further reveals that together fabric, cotton and fibre accounted for 65 percent of total materials imports turnover in 2007.

This showed that the raw materials manufacturing industry of Vietnam is very weak.

Fibre2fashion News Desk - Vietnam

Must ReadView All

Textiles | On 29th Mar 2017

'Increase in demand for organic designer linen'

There has been an increase in the demand for organic designer linen....

Apparel/Garments | On 29th Mar 2017

Jo-Ann launches 'Buy Online, Pick Up in Store' service

Jo-Ann Fabric and Craft Stores, a specialty retailer of crafts and...

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Marten Alkhagen
Swerea IVF AB

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

Eamonn Tighe
Nature Works LLC

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

Silke Brand-Kirsch
Schlegel und Partner

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Bani Batra

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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