In 2011, Vietnam’s export for apparel products was estimated to earn $13.8 billion, accounting for 16.5% of the country’s total export turnover and increasing nearly 38% from 2010, according to Le Tien Truong, deputy general director of Vietnam Garment and Textile Group (Vinatex). In 2011, Vietnam’s garment and textile sector posted a trade surplus of [...]
Vietnam Textile and Garment Group on December 28 reported that this year, the domestic revenue of its companies is estimated to have reached 17.2 trillion dong, growing 15% against 2010. In 2010, Vinatex’s domestic revenue reached 14.960 trillion dong. The enterprises which gained the domestic revenues of over 1 trillion dong included Phong Phu with [...]
Vietnam’s garment and textile sector is likely to achieve the target of $13.2 billion worth of export turnover in 2011, even it may exceed the target to touch $13.5 billion this year, said Le Tien Truong, deputy general director of Vietnam Garment and Textile Group (Vinatex), while addressing a press briefing with the Ministry of [...]
With an export turnover of over $1.35 billion in August, apparel products continued to be amongst the country’s export items with highest export turnover from early this year so far, bringing the total figure in Jan-Aug to $8.95 billion, rising 28.2% from the same period last year, Vietnam Textile and Garment Association (Vitas) reported. Pham [...]
Representatives of many companies in the U.S. apparel industry agreed here on Friday that the Trans-Pacific Partnership (TPP) free trade agreement should boost trade in the apparel industry first. A delegation representing high-profile associations stateside such as the American Apparel & Footwear Association (AAFA) and Retail Industry Leaders Association (RILA) had a meeting with many [...]
An array of textile and garment projects have been started up in order to enhance the country’s production capacity and reinforce Vietnam’s position in the world market. First off, Nam Dan textile and garment complex project, invested by Hanosimex Corp, has total cost of 1.3 trillion dong. Built in Nam Giang Commune, Nam Dan Dist, [...]
Vietnam’s apparel export in 2011 is forecast to surpass the target of $13 billion soon thanks to favourable conditions in foreign markets including US, EU and Japan, the Saigon Giai Phong newspaper reported. The whole sector earned $6.16 billion from exports during the first half of 2011, growing 30% year-on-year. Vietnam Textile and Garment Group [...]
Vietnam’s apparel export target of reaching $13 billion in 2011, equaling to 17-18 percent growth will be likely to be attainable. In the first four months of this year, Vietnam’s export for apparel products reached $3.8 billion, rising over 30 percent from the same period last year. But, currently, garment and textile firms are facing [...]
Vietnam’s export turnover for apparel products in the first four months this year reached nearly $3.6 billion, rising 28 percent from the same period last year, Le Tien Truong, deputy general director of Vietnam National Textile and Garment Group (Vinatex) said. In 2011, the country expects to gain nearly $13 billion of export turnover from [...]
Vietnam’s textile export turnover are set to reach around $13 billion this year, while local producers will switch their core business from outsourcing to exporting, said an official of the textile giant Vinatex. “Vietnam’s apparent export turnover last year reached more than $11 billion, an increase of 23 per cent from 2009,†said Vu Duc [...]
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