Prospects For Vietnam's Textile Industry

According to the Vietnam textile and Garment Association, the export volume of Vietnamese textile garments was estimated to be $7 billion 500 million in the first 9 months of this year (2010), due to the increase in overseas orders and the growth of the average price of textiles, which is 17% higher than that of the same period last year, which is sold to 15~20%. U.S.A The export volume grew by 20%, exports to Japan grew by 15%, and exports to ASEAN countries grew by 17%. In addition, after the signing of the ASEAN trade agreement, Vietnam? The amount of textile exports to Korea also grew by 80%.

Vinatex said it plans to expand production scale and improve production technology to meet orders and market demand.

It is estimated that the export volume of Vietnamese textile garments will exceed 10 billion 500 million this year. dollar Set goals.