Home / Knowledge / News / Textiles / MOIT targets African continent for sustainable exports
MOIT targets African continent for sustainable exports
Mar '09
The Vietnamese Ministry of Industry and Trade (MOIT) has recently put its stamp of approval on an action plan for promoting trade relations with African countries in the period 2009-2010 and develop further the two-way trade.

According to this action plan, there will be a host of promotional programs with a view to accelerate exports from key Vietnamese sectors like textiles, clothing, footwear, agri-products, food and consumption products etc.

The ministry has set ambitious targets to increase the two-way trade with the African continent and take it to US$2.5 billion in 2009, with exports from Vietnam totaling to $1.6 billion and $3 billion in 2010, with an annual growth rate of 20 percent.

Because of the ongoing global economic crisis in almost all its traditional big markets, the country has been thriving to diversify its export markets to offset the drop in sales in key markets like US and EU.

Fibre2fashion News Desk - Vietnam

Must ReadView All

Textiles | On 27th Apr 2017

Maharashtra govt working on second textiles policy

The textiles department of the government of Maharashtra is working...

Apparel/Garments | On 27th Apr 2017

EC takes action to make garment sector more sustainable

The European Commission (EC) has presented a set of focused actions...

Textiles | On 27th Apr 2017

Seven new organisations join ZDHC Programme

The Zero Discharge of Hazardous Chemicals (ZDHC) Programme from...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Kevin Nelson

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

Lynda Kelly
Suominen Corporation

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

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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:
April 2017

April 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