Garment export target of 40 billion USD may be reached Business

Garment export target of 40 billion USD may be reached

The domestic textile and garment industry is expected to reach its export revenue target of 40 billion USD this year despite facing many difficulties, said Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS). ​
ASEAN, China bolster trade partnership World

ASEAN, China bolster trade partnership

Economic ministers of the 10 ASEAN member countries and China have agreed to bolster the bilateral trade during their meeting on the sidelines of the 51st ASEAN Economic Ministers’ Meeting (AEM 51) in Bangkok.

Textile and garment businesses increase investment in Quang Binh

Many textile and garment businesses have poured more money into their business activities in the central province of Quang Binh as the local authority has upgraded its infrastructure, offered investment incentives and paid attention to improving the quality of its labourforce, the Vietnam Investment Review reported on April 7.
Garment enterprises strive to take advantages of GSP Business

Garment enterprises strive to take advantages of GSP

Being aware that it is not easy to take advantage of the Generalised System of Preferences (GSP) mainly due to the certificates of origin of input materials, Vietnamese textile and garment enterprises are trying to take every available opportunity to increase their market shares. A report by the Ministry of Industry and Trade's Vietnam Economic News.

Vietnam posts high textile exports

The garment and textile industry in the first two months of this year gained a year-on-year increase of 30.1 per cent in export value to reach 3.2 billion USD.

Textile industry takes new steps in new year

Vietnam’s textile industry has targeted export revenue between 22-23 billion USD in 2014 as it expects to benefit from a global economic recovery, increased demand for clothing and an enhanced production capacity, the Nhan Dan (People) online newspaper reported on February 18.

TPP promises more opportunities for garment exports

Once the Trans-Pacific Partnership (TPP) agreement is realised, Vietnam’s textile and garment sector will gain benefits as the agreement is expected to bring the export tax rate for garments down to zero percent.