Home / Knowledge / News / Textiles / Textile & garment export brings high revenue
Textile & garment export brings high revenue
May '08
Vietnam mainly earns foreign exchange through export of textile and garments to various nations. This year also the country has fetched good revenue from exporting goods to countries like Taiwan and Japan, which in turn will help the textile sector grow.

During the first quarter of 2008, textile and garment exports to Taiwan, witnessed a mixed trend, as demand for some products increased whereas for other dropped.

The nation exported nearly 897 thousand pieces of shorts, showcasing a significant rise of 117 percent and earned around US $2.6 million, a boost of 132 percent over the same period of 2007.

Vietnam exported approximately 4 million elastic shirts of all varieties, an increase of 59 percent. It generated revenue of more than $9 million surging by 56 percent. The demand of kids wear and denim trousers also rushed up in Q1.

On the other hand, although export of t-shirts and jacket suits observed a decline of 14 percent in volume, there was a growth of 2 percent in value due to price rise.

Vietnam shipped various products to Japan in first two months 2008. The country earned nearly $1.35 billion of foreign currency, out of which February earnings were approximately $676.35 million, according to Ministry of Industry and Trade (MOIT).

Key products that were exported to the Japan include textile and garment, footwear, crude oil and wooden artifacts.

The textile and garment exports turnover of Vietnam, in January and February 2008, came around $109.79 million, out of which February's contribution was nearly $44.365 million.

The accessories including handbags, hats and umbrellas reaped $12.98 million in January and February and $4.946 million in second month of 2008. The footwear exports fetched $26.77 million in the first two month and $7.903 million in February.

As Vietnam is enjoying good trade relations with Japan, the domestic Government is negotiating with Japanese counterparts to complete bilateral Economic Partnership Agreement (EPA), which will ease the export processes.

Fibre2fashion News Desk - Vietnam

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Sunil Rathore
Lacoste India

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mohammad Hassan
Biax Fiberfilm

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

Robert Brunner

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

Silvia Venturini Fendi
Fendi s.r.l

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

Judy Frater
Somaiya Kala Vidya

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

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search