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). ​
Cambodia’s exports surge in nine months World

Cambodia’s exports surge in nine months

Cambodia’s exports increased 17 percent year-on-year to reach 7.7 billion USD in the first nine months of 2017, according to Director General of the Cambodian Chamber of Commerce Nguon Meng Tech.
Cotton Day connects Vietnam, US firms Business

Cotton Day connects Vietnam, US firms

The Vietnam Textile & Apparel Association (VITAS) and the US Cotton Council International (CCI) recently held the Cotton Day in Ho Chi Minh City to help Vietnamese apparel businesses to approach the US market.
Apparel exports reach 12.6 bln USD in 6 months Business

Apparel exports reach 12.6 bln USD in 6 months

Vietnam’s garment and textile exports in the first half of this year reached 12.6 billion USD, a year on year increase of 4.72 percent and accounted for 41 percent of the sector’s target for 2016.
Business

Foreign investment in garments declines

The country's textiles and garment sector is seeing a decline in foreign direct investment (FDI) during the past several years, and the sector is being held back by its reliance on imports of raw materials, according to the Vietnam Textile and Apparel Association.