Home / Knowledge / News / Textiles / Trade between Eastern Europe, Vietnam hit $10.1 bn in 2018

Trade between Eastern Europe, Vietnam hit $10.1 bn in 2018

20
May '19
Trade between Eastern Europe, Vietnam hit $10.1 bn in 2018
Despite Eastern European countries being an important export market for Vietnamese goods, the total trade revenue between both sides fell short of the potential, with bilateral trade reaching $10.1 billion in 2018—2.65 per cent of the country’s total export revenue, according to Vietnam’s deputy minister of industry and trade Hoang Quoc Vuong.

Items like textiles and footwear, seafood, fresh and processed fruit and vegetables, electronics and electronic components, will have more opportunities to be exported to this market, he noted.

Vuong was speaking at the Vietnam-Eastern Europe Trade Forum with the theme ‘Promoting Vietnam’s agricultural, textile and footwear exports to Eastern European countries in the new situation’ organised by his ministry in Ho Chi Minh City last week.

Institutions and legal frameworks for developing cooperation between both sides include 14 intergovernmental committees, a mechanism for economic cooperation consultation between Vietnam and Poland and a free trade agreement between Vietnam and the Eurasian Economic Union, a Vietnamese newspaper report quoted the deputy minister as saying. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

UK Govt rejects panel proposals to tackle fast fashion

Textiles | On 24th Jun 2019

UK Govt rejects panel proposals to tackle fast fashion

The United Kingdom has rejected calls for a levy on apparel sales to...

Pic: Lenzing

Textiles | On 24th Jun 2019

Lenzing to invest €100 million to reduce carbon emissions

To become first carbon neutral fibre producer in the world, Lenzing...

Pic: SML

Information Technology | On 24th Jun 2019

SML is enabling retail stores enhance inventory accuracy

SML, a global leader in delivering item-level RFID solutions for...

Interviews View All

Victor Chao, Esmetex

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Top executives, Fabric manufacturers

Top executives
Fabric manufacturers

Domestic manufacturers would get an edge over imported products

Manuj Terapanthi, Texaura

Manuj Terapanthi
Texaura

Transparent supply chain and fair trade will boost sustainable market

Deepprakash Agrawal,

Deepprakash Agrawal

Radhey Weaves is a Surat-based manufacturer of brocade fabrics. MD...

Spring Chang,

Spring Chang

A specialist in manufacturing printing machines, <b>Wenzhou Changs</b>...

Harssh Chheda,

Harssh Chheda

Mumbai-based Corporate Collars provides bespoke tailoring services for...

Robert Erichsen, Statex Produktions & Vertriebs GmbH

Robert Erichsen
Statex Produktions & Vertriebs GmbH

Statex Produktions &amp; Vertriebs Gmbh, founded in 1978 and headquartered ...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Robert Brunner, Devereux

Robert Brunner
Devereux

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

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

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

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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


June 2019

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

news category


Related Categories:

Advanced Search