Vietnam: Textile And Clothing Exports Are Expected To Reach US $4 Billion 650 Million In The First Half Of This Year.

According to the Vietnam Economic Times reported on June 17th, the Vietnamese textile and Garment Association Chairman Li Guo en said that in the first half of this year, Vietnam's textile and clothing exports were expected to be only $4 billion 650 million, but the target of exporting $10 billion 500 million for the whole year is still expected to be achieved.

Among them, exports to the US market grew by 15%, exports to the Japanese market increased by 10%, and the EU market increased slightly.

In addition, exports to Taiwan, Korea and ASEAN countries have also increased considerably.

At present Vietnam's textile and garment exports account for 2.69% of the world market share.

In the US and Japanese markets, Vietnam ranked only 7.4% in China and 4% in Vietnam.

Similar news:

According to the Vietnam Youth Daily reported on June 2nd, Fan Chunhong, vice chairman of Vietnam Textile Association, said Vietnam's textile and clothing exports in the first 5 months were about $3 billion 800 million, up 17.1% over the same period last year.

Accordingly, the export target of US $10 billion 500 million will reach US $1 billion in the second half of this year.

The problem now is labor shortage.

According to Vietnam Youth newspaper March 8th, Fan Chunhong, vice chairman of Vietnam Textile Association, said that many textile and garment manufacturers in Vietnam signed 3 quarterly contracts with foreign importers, and some even signed 4 quarter contracts, and the contract price increased by 10-15% over the same period last year.

At present, enterprises are stepping up production to deliver on time.

Reported that in the first 2 months of this year, Vietnam's textile and clothing exports reached 1 billion 510 million dollars, up 16.8% over the same period last year.

In February, it exported US $700 million.