Garment-textile export turnover was estimated at 14.5 billion USD in January-May 2019 (Photo: VNA) Hanoi (VNA) – Vietnam’s totalgarment-textile export turnover was estimated at 14.5 billion USD in the firstfive months of 2019, a year-on-year rise of 9.11 percent.
Apparel exports hit 11.2 billion USD, fabric 856million USD, and yarn 1.6 billion USD, according to the Vietnam Textile &Apparel Association (VITAS).
Meanwhile, the industry imported 9.3 billionUSD worth of materials and accessories, up 12 percent from the same period lastyear.
VITAS has set the industry’s export turnovertarget this year at 40 billion USD, a 10.8 percent year-on-year increase from2018.
In January-May, fruit and vegetable exports stoodat 1.83 billion USD, a year-on-year increase of 10.3 percent.
China was the top fruit and vegetable exportmarket, accounting for 74.26 percent of market share, followed by the US at3.16 percent, the Republic of Korea with 3.03 percent and Japan’s 2.53 percent.
The fruit and vegetable sector aims to grossnearly 4.2 billion USD in export turnover in 2019.
To realise this goal, the sector will expandfruit growing area to one million hectares and develop five main fruits insouthern localities, namely dragon fruit, mango, durian, rambutan and longan,according to the Department of Crop Production under the Ministry ofAgriculture and Rural Development.
The two industries have ample opportunities toexpand their markets under the Comprehensive and Progressive Agreement forTrans-Pacific Partnership (CPTPP), which came into effect in January.-VNA
VNA
