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VN apparel sector achieves only US$12.76 bn export revenue in first 6mnths

Related Keywords: benefit from lower costs, buyers shifting their orders from Vietnam, export revenue, lending rates higher, minimum wage raise, shut down following Brexit, struggling to find new orders, UK textile and garment enterprises operating, Vietnam textile and apparel sector, Vietnamese dong currency stable to other countries, Vitas

Vietnam textile and apparel sector posted export revenue of only US$12.76 billion in the first six months, growing 4.72% year-on-year representing just 41% of the full-year target. Again, the growth was mainly driven by foreign direct investment (FDI) firms as the domestic peers struggled to find new orders in the period, said Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association (VITAS), at a press conference in Hanoi last week.

Bangladesh textile sector sets new export record for South Asian country

Related Keywords: attributed to Bangladesh growing apparel industry, Bangladesh textile industry, enhance productivity levels, export revenue, fastest growing economies in the world, global demand for cheap clothing, growing demand for cheap clothing, rising rapidly, setting new record for South Asian country, surged toward end of the year

Bangladesh amid growing demand for cheap clothing and the rest of the Asia disappointed in terms of export revenue in 2014, there was one surprising anomaly to the pattern – Bangladesh’s textile industry surged towards the end of 2015.

Bangladeshi export earnings levitated to $3.2bn last December, thereby setting a new record for the South Asian country. This phenomenal success can be attributed to Bangladesh’s growing apparel industry, which accounted for over 83 percent of December’s figures.

Tirupur exporters hoping to close the fiscal with export turnover of Rs21000cr

Related Keywords: export revenue, export turnover, FTA with Canada, growth of 16 percent, increase power tariff, Interest Subvention Scheme, new foreign trade policy, on packing credit, President A Sakthivel, TEA, this fiscal, Tirupur export growth rate, Tirupur Exporters Association, Tirupur knitwear exports

Tirupur knitwear exports in the first six month of the ongoing fiscal year 2014-14 has registered revenue of Rs. 10,050 crores, a growth of 16 percent as against Rs. 8,650 crores in the corresponding period of last year. In Dollar terms, the growth is 13.35 per cent year-on-year during April-September 2014, said Tirupur Exporters Association (TEA) president A Sakthivel.

Exporters from this tiny town, the hub for knitwear exports are hoping to close the fiscal with an export turnover of Rs 21,000 crore.

Vinatex hit USD 18bn export revenue in first 9 months

Related Keywords: ASEANS, domestic supplies, export revenue, exporter, garment export, labour productivity, largest apparel manufacturer, material supply, TPP, Vietnamese worker, Vinatex

Vietnam National Textile and Garment Group (Vinatex) largest apparel manufacturer and exporter of Vietnam have hit 18 billion US dollars export revenue in the first nine month of this year, a 19 percent increase year-on-year.

According to a report posted on Vinatex's website on Wednesday, during the period, the group alone pocketed some 2.36 billion U.S. dollars from exporting garment, up 16 percent year-on-year.

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