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Textile & garment exports up in Q1

10
Apr '07
During the first quarter of 2007, Vietnam's textile and apparel exports turnover reached $1.65 billion, posting year–on–year increase of 30.1 percent, sources from MOI revealed.

The textile and garment industry contributed 24.8 percent of earnings in whole exports turnover, a 25.3 percent rise against same period last year.

Country's textile and garment industry targeted an export turnover of $7.35 billion, means for rest of nine months the figures should be $633 million on average to complete target.

The export figures of footwear showed a rise of 17.6 percent generating $948 million.

The footwear industry is facing many difficulties. To reach a target of $4 billion, industry has to carry out many promotion programs and seek for more markets like North America, South America, Japan, Australia, South Africa and Middle East other than EU.

Fibre2fashion News Desk - Vietnam


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