Garment and textile exports surge 16.4%

Source: Pano feed

VGP – Export turnover of garments and textiles touched US$ 10.21 billion in the first half of 2014, up 16.4% against the same period last year.


Shipments of made-in-Viet Nam products were optimistic especially in the US with a 14.5% market expansion.


Experts attributed the outcomes to the country’s stable macro-economic situation and low inflation rate as well as efficient business operation and favourable payment competence of enterprises.


The sector aims to earn over US$ 24 billion from exports this year.



In the second half of 2014, exports to key markets were forecast to be stable.


Besides traditional markets, the sector would focus on the EU. It expects vast opportunities coming from the upcoming Free Trade Agreement (FTA) between Viet Nam and the EU.


By Khanh Phuong




Đăng ký: VietNam News

Related Posts