Vietnam'S Clothing Exports Increased By 17.4% In The First 7 Months Of 2010
In the first 7 months of this year, Vietnam
Clothing export volume
It reached $587 thousand, an increase of 17.4% over the same period last year.
In most export markets, Vietnam's clothing exports grew year-on-year.
Vietnam?
The clothing association (Vitas) reported.
South Korea has become the fastest growing market with a growth rate of 80%, thanks to tariff reductions in the ASEAN - Korea free trade agreement.
Followed by exports to ASEAN, the growth rate reached 30%.
Export growth rates to the US and Japan reached 23% and 15% respectively.
In addition, domestic companies began to export raw materials, especially fiber, to domestic exports.
Li Guoan, President of the Vietnam clothing association, said many traders had received orders for the third quarter, and even orders for the entire year increased by 10-15%.
Vietnamese
Garment industry
It is expected to achieve export target of US $10 billion 500 million this year, including US $18-19 billion in fiber exports.
To ensure sustainable development, businessmen strive to promote domestic sales, with an average annual growth rate of 15-18%.
VuDucGiang, general manager of Vietnam garment and textile group, said that in the first half of this year, the garment industry has gained 6 trillion dong dong from the domestic market, an increase of 28% over the same period last year.
At present, Vietnam's clothing department has more than 1500 stores and wholesalers throughout the country, and many clothing companies have set up shop selling sewing products and jointly establishing sales chains with other parties.
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