Garment sector expected to bring 118 million USD to Can Tho

The Mekong Delta city of Can Tho has set to earn 118 million USD from selling garments abroad in 2015, up 2.7 percent over last year, thus bringing total exports of the city for the whole year to over 1.45 billion USD.
The Mekong Delta city of Can Tho has set to earn 118 million USD from selling garments abroad in 2015, up 2.7 percent over last year, thus bringing total exports of the city for the whole year to over 1.45 billion USD.

As part of efforts to fulfil the goal, the city will raise the rate of domestic materials in garment products to 55 percent, while investing more in modernising garment production to increase quality of products, said Duong Nghia Hiep, Vice Director of the municipal Department of Industry and Trade.

At the same time, Can Tho will continue speeding up trade promotion activities to strengthen its trademark in both domestic and foreign markets, thus maintaining traditional markets and expanding to new ones, he said.

Throughout 2015, the city’s garment sector is expected to ship abroad 9 million products, including 8 million to traditional markets of EU, the US, the Republic of Korea and Japan, and the rest to new ones such as India, Canada, New Zealand, Australia and Middle East.

Meanwhile, local firms are encouraged to improve their design and material quality, while choosing suitable market segments and using more domestic materials to reduce their dependence on imported sources, he said.

Hiep also revealed that Can Tho will implement quality monitor measures to ISO standards and enhance enterprises’ environmental and social responsibilities by applying advanced technology and investing more in organising training courses for labourers.

According to the municipal Department of Industry and Trade, in the first fortnight of this year, local firms produced 375,000 garment products, a rise of 22.4 percent over the same time last year. The products are worth 4.8 million USD, up 20.8 percent year on year.

Garment has been among Can Tho’s hard currency earners over the past years. In 2014, the sector exported as many as 8 million products for 104 million USD, a year-on-year rise of 41.9 percent.-VNA

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