Garment-textile export earnings likely to hit 31 billion USD

Vietnam’s exports of textile and garment in the last two months of 2017 was estimated at 5.27 billion USD, bringing the total export revenue this year to 31 billion USD, a year-on-year increase of 10.23 percent.
 
Garment-textile export earnings likely to hit 31 billion USD ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) – Vietnam’sexports of textile and garment in the last two months of 2017 was estimated at5.27 billion USD, bringing the total export revenue this year to 31 billionUSD, a year-on-year increase of 10.23 percent.

According to the Ho Chi Minh CityAssociation of Garment and Textile (AGTEK), producers are busy fulfillingremaining orders of the year; many of them have received orders for the firstquarter of 2018.

This year, the industry has madeefforts to gain strong footholds in foreign markets, such as the US, EU, Japanand the Republic of Korea while significant growths have also been seen inothers like China, Russia, Cambodia, and more.

The AGTEK forecast that 2018 will bebetter for the industry than in 2017 and the industry is likely to maintain a double-digitgrowth.-VNA
VNA

See more

The 20th meeting of the Vietnam-RoK Joint Economic Committee takes place in Seoul on November 14. (Photo: VNA)

Vietnam, RoK seek new drivers to advance comprehensive cooperation

The RoK is also Vietnam’s largest foreign investor. As of the end of September, Korean investors operated 10,301 valid projects with combined registered capital of 94.2 billion USD, topping both capital value and number of projects among 154 countries and territories investing in Vietnam. Korean enterprises contribute roughly 30% of Vietnam’s total export value.

Workers process aquatic products for exports. (Photo: VNA)

Workshop seeks to boost agro-forestry-aquatic exports to EU

Participants underlined the importance of complying with the EU’s strict standards, stepping up national branding, developing green and clean products aligned with European consumer preferences and, particularly, embedding cultural value and compelling Vietnamese stories in each product.

HCM City hosts twin international exhibitions on fashion and mother–baby products (Photo: VNA)

HCM City hosts dual int’l fashion, mother–baby exhibitions

The SIUF Vietnam 2025 Intimate Fashion and Sourcing Expo and the International Expo for Children, Baby, Maternity Expo (CBME Vietnam 2025) will become a premier platform for international collaboration, helping expand exports, upgrade supply chains, and elevate the global standing of Vietnamese brands.

Illustrative photo (Photo: VNA)

Retail petrol prices rise in November 13 adjustment

Since the beginning of this year, domestic fuel prices have been adjusted 47 times. Of these, RON95-III recorded 26 increases and 21 decreases, while diesel saw 24 rises, 22 decreases, and one unchanged.