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Vietnamese textile company, Garmex Saigon projects 20 percent growth rate in revenue in comparision with 2015 as they have so far ensured enough jobs for the company until the end of the year, unlike previous years, said Le Quang Hung, president of Garmex Saigon. Garmex Saigon reported turnover of VND1.530 trillion in 2015, while abundant orders have led to turnover that may reach VND1.8 trillion this year.

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Vietnamese textile and garment industry are positive on achieving the industry’s export target set at USD$30 billion this year as many companies have received enough orders to stay busy for at least the first half of the year.

The Vietnam Textile and Apparel Association, vice chairman Pham Xuan Hong said that most of its member companies have a smooth start and some have already scored a large number of orders that can keep their factories running through the entire year. Even though it is less than two months in, he is confident that the annual goal is within reach.