Apparel Exports Fetch US$3.3 Bln, Up 19 per cent in Jan-May
Vietnam is estimated to have shipped abroad US$3.25 billion worth of textiles and garments in the first five months this year, up 19 per cent on-year, the General Statistics Office reported.
May’s export value is US$710 million, compared with US$700 million in April.
This year, the sector is expected to make export turnover of US$10 billion, surpassing the set goal of US$9.5 billion earlier.
“The figure of US$10 billion is quite reachable if Vietnamese garment exporters make the best of every opportunity to boost exports to the U.S. market,” said the Ministry of Industry and Trade.
The textile industry, Vietnam’s second largest forex earner behind crude oil, is housing 2,000 businesses, including 500 foreign-invested ones. (GSO May 2008)
Vietnamese
