Home / Knowledge / News / Textiles / Textile & footwear sector anticipate a rosy future

Textile & footwear sector anticipate a rosy future

02
Apr '08
Recently, the Ministry of Industry and Trade released the exports statistics of textile, apparel and footwear industry for the month of March.

Both the sectors see a rise in their turnover, which according to industry insiders is good news and they anticipate a better future ahead by maintaining the similar growth trend.

The country fetched US $650 million, from the exports of textile and apparel showing a rise of 20.2 percent over similar period 2007.

According to experts from MOIT, although such figures indicate a good sign, a slower growth rate is worrisome as local producers are facing difficulties like increase in prices of raw material, rise in labour rates.

For the first quarter of this year, total exports turnover of textile and apparel reached $2.11 billion.

During this period, Vietnamese footwear industry reaped $330 million from exports, which is near about $30 million more compared to previous month and up by 16.1 percent over similar period 2007.

For the first quarter, country's total exports turnover touched $1.099 billion. So far, the local footwear enterprises have received many orders for exports that will be performed in some next months.

Fibre2fashion News Desk - Vietnam


Interviews View All

Pinkesh Jain, Everflow Petrofils Ltd

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Vasanth Kumar, Max Fashion India

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Jim Desai, Blaiva Fabricaa

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Sham Shah,

Sham Shah

Shamal and Shamal Pvt Ltd is into manufacturing and sales of textile...

Kuldeep Pareek,

Kuldeep Pareek

Italian company Schoch Reeds has been producing high-quality weaving reeds ...

Teresa Neal,

Teresa Neal

Teresa Neal, an art professional with 25 years of experience, in...

Chunyi Zhi, City University of Hong Kong

Chunyi Zhi
City University of Hong Kong

<div><b>Chunyi Zhi</b>, associate professor in the Department of Materials ...

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Matthew Kolmes, Supreme Corporation

Matthew Kolmes
Supreme Corporation

Supreme Corporation manufactures innovative specialty yarns and safety...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Karan Arora, Karan Arora

Karan Arora
Karan Arora

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

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

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

Leave your Comments


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On

Follow Fibre2Fashion On


Advanced Search