Garments become second largest foreign currency earner
Friday, May 18,2018AsemconnectVietnam - The textiles and garment industry gained the second-largest export value in the first four months of this year, after the export value of phones and their components, according to the Ministry of Industry and Trade.
The export value of textiles and garments from Vietnam to Japan reached US$855.44 million, 19.6% higher than the same period last year, accounting for 13.3% of the total export value. The export value of textiles and garments to the Republic of Korea stood at US$798.6 million and US$268.95 million to China, an increase of 14.8% and 40.9%, respectively, against the same period in 2017.
Meanwhile, the value of exports to the European Union rose by 11.8% to reach US$806.23 million, while the ASEAN market increased by 26% to US$228.36 million, against the same period last year. To reach the target of US$35 billion in total textiles and garment export value for this year, the Vietnam Textile and Apparel Association has asked enterprises to fully exploit the working capacity of their workers as well as restructure their management practices to improve labour productivity.
Besides maintaining and developing export markets such as the United States, the European Union, Japan and the Republic of Korea, the enterprises should focus on developing other markets such as ASEAN, the Eurasian Economic Union, India and Latin American countries, including links with the distribution system in the local market.
Soybean import markets in 6 months of 2023
Exports of animal feed in first 6 months of 2023
Shrimp exports to many markets increased positively
Leading export items in first half of 2023
Seafood imports reached over 1.27 billion USD in 6 months in 2023
DAILY: Vietnamese pepper prices decreased by 500 VND on July 25
DAILY: Vietnamese coffee prices increased by 1000 VDN on July 25
Reference exchange rate up 7 VND on July 25
Vietnam’s GDP growth rate in first 6 months and forecast for 2023
Ca Mau sets a target for aquaculture production to reach 570,000 tons/year by 2030
Positive signal for shrimp exports to the US
Pangasius exports in June 2023 show encouraging recovery with a narrowing decrease
Foreign suppliers pay taxes of nearly 170 million USD in H1
Vietnamese products becoming closer to Singaporean consumers
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...