News Tags

Related Keywords: achieved more than USD six billion, appear to support export earnings target, EU second largest export market, first quarter of this year, reduce production costs, seek orders for high quality products, urged enterprises optimise capacity of equipment, Vietnam garment and textile exports, Vietnam Textile and Apparel Association, Vitas

Vietnam has achieved from its garment and textile exports USD 6.84 billion in the first quarter of this year, 11.2 percent more than in the same period last year, according to the Vietnam Textile and Apparel Association (VITAS). First quarter figures appear to support this expectation of touching its export earnings target of over USD 30 billion set, seven percent growth over 2016.

Related Keywords: attract Japanese companies, Cham Ugala Uriat, Ethiopias new Ambassador to Japan, help Ethiopia become the regions textile hub, introduce Japanese technology, investment projects into Ehtiopia, reduce production costs, serve as a gateway to Africa, speed up its growth, strengthen bilateral ties

Cham Ugala Uriat, Ethiopia’s new Ambassador to Japan, who officially assumed his position in April, wants to attract Japanese companies and introduce Japanese technology and investment projects into Ethiopia as it would not only speed up its growth but could also serve as a gateway to Africa.

The ambassador believes that Japanese technology will speed up Ethiopia’s growth, and with investment projects in sectors such as the textile industry, will help Ethiopia become the region’s textile hub by 2025.