Related Keywords: current growth, domestic garment and textile industry, EVFTA, export turnover, FDI projects, fibre, garment production project, match progress of the country, revise development plan, target set in current plan, TPP, Vietnam garment sector, Vitas, VKFTA
The Vietnam garment sector has earned an export turnover of $27.5 billion in 2015. With the current growth, the domestic garment and textile industry wants to revise a development plan to 2020 with vision for 2030 to match the progress of the country. The sector has set export turnover at between $50 and $50 billion by 2020, instead of targets set in the current plan, according to Vietnam Textile and Apparel Association (VITAS).
