Vietnam’s textile industry eyes $12.5 billion in exports

Textile exports this year are targeted to reach US$12.5 billion, up 13% over 2010, according to objectives set by the Vietnamese Ministry of Industry and Trade.

Le Quoc Anh, senior consultant of the Vietnam Textile Trading Association, admitted it is a little hard to achieve the figure but said it is within reach.

Vietnam is among the world’s top 5 textile exporters in 2010, with total turnover hitting US$11.2 billion.

Currently, many Vietnamese textile businesses have rejected overseas orders as they have been fully booked. – Tuoitre

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Posted by VBN on Jan 20 2011. Filed under Garment Textile. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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