Vietnam ’s textile and garment export turnover attained an unprecedented growth rate with 13 percent in July, driving these products’ exports up to a year-on-year increase of 30 percent to 7.6 billion VND.

The United States was a key market for these products, importing 3.18 billion USD in the first six months of this year, up 17.3 percent over the same period last year, which accounted for 51.6 percent of total export revenues of the sector.

Vietnam maintained high export revenues from some other markets, such as the European Union (EU) with a year-on-year increase of 51 percent, earning 1.16 billion USD; and Japan , 47 percent, raking in 712 million USD.

Export value from the Republic of Korea (RoK) was up 78 percent, due to the validity of the RoK-ASEAN Free Trade Agreement.

According to the Vietnam National Textile and Garment Group (Vinatex), domestic businesses had completed the signing of export orders for this year, accordingly the export volume would increase about 20 percent and prices would rise by 12-13 percent.

The country’s garment and textile export revenues are expected to reach the target of 13.2 billion USD this year, up 18 percent over last year./.