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Vietnam garment, textile exports to see growth over next 5 years

Related Keywords: American Chamber of Commerce, generate export revenue, global integration to facilitate Vietnamese garment and textile products, TPP, Vienam-European Union Free Trade Agreement, Vietnam Textile and Apparel Association, Vietnam top ten garment and textile exporters in the world, Vitas

Vietnam has been among the top ten garment and textile exporters in the world for the last 10 years. Last year, it ranked fifth after China, Turkey, Bangladesh and India. According to the Vietnam Textile and Apparel Association (Vitas) in the first nine months of this year alone, garment and textile exports totalled $20 billion, an increase of 10 percent over the same period last year.

Work on Bangladesh garment industrial park to start this summer

Related Keywords: Bangladesh garment industrial park, BGMEA, dyeing, emphasis on sustainability, EPZ, fire safety training programme, generate export revenue, Knit, modern Central Effluent Treatment Plant, provide home for factories, set up at the new park, start this summer, sweater and accessories factories, woven

Work on garment industrial park will start this summer on a new 492 acre which will provide a home for 300 factories and generate around US $3 billion annually in export revenues, said the Bangladesh garment manufacturers and export association.

The BGMEA claims the park will place an emphasis on sustainability, including connecting factories located at the park with a modern Central Effluent Treatment Plant (CETP) for the disposal of industrial liquid and sewerage water.

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