The Vietnam textile and garment sector will try its best to fulfill its US$10.5 billion export turnover target this year.
This is affirmed at the Vietnam Textile and Garment Association’s conference on evaluating the textile and garment market situation this year and deploying solutions to carry out the above-said target.
There are over 2,000 textile and garment enterprises in Vietnam, creating jobs for over two million workers.
This sector reached over US$9.06 billion in export turnover in 2009, a year-on-year 0.6% reduction, in which its export turnover to the US market decreased by 2.38% and to the EU market, down 5.92%.
In the context that the global economic recession caused a fall in demand in main consumption and import markets for the Vietnam’s textile and garment products, the said result showed great efforts by the textile and garment enterprises.
This year, some countries’ economies have got out of their crises and started to recover. That the consumption demand has been improved has created conditions for enterprises to increase their export turnover. At present, the competitive edge of Vietnam-made textile and garment products is still fairly high and they are favourites of a lot of big customers’.
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