Related Keywords: export share, US market, Vietnamese garment
This year, Vietnamese garment exports are expected to hit $10 billion and reach $20 billion before 2020, as its current, garments exports accounts around 8-9 percent of market share in the US.
According to Le Tien Truong, deputy chairman of the Vietnam Textile and Apparel Association, Vietnamese garment exports to the US market in 2013 grew 14.2 percent to nearly touch US$8.6 billion though garment imports into this market merely rose 3.6 percent compared to the previous year.
In 2013, garments contributed more than one third to $25 billion exports of Vietnam to the US market.