The Ho Chi Minh City Department of Statistics recently reported that export turnover for the first eight months of 2008 reached US $15.78 billion, giving a rise of 35.7 percent year-on-year.
During this period, export of textile and garment product, the highest foreign exchange earners of the country, brought home $1.09 billion, showing rise by more than 15 percent over same period last year. In this major contribution was made by the foreign invested companies.
Another product that has gained export growth is footwear for $234.4 million with 7.9 percent surge.
In return, HCMC enterprises imported $12.53 billion worth of items and materials for local production showing upward graph by 28 percent.
Fibre2fashion News Desk - Vietnam
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