Related Keywords: Domestic suppliers, export touches US$2.2bn, foreign currency earner, Free trade agreement, modern production model, raw materials import, Vietnam textile and garment sector
The textiles and garment sector is one of the largest industries in Vietnam and a top foreign currency earner. Its textile and garment export turnover has touched US$2.2 billion in August, an increase of 0.2 per cent from July.
But despite the high turnover the value added of the industry remained relatively low due to its reliance on imported raw materials, said General Secretary of Vietnam Textile and Apparel Association, Dang Phuong Dung.
