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

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kevin Nelson

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Robert Brunner

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

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search