Related Keywords: amend environment regulation, establishment of textile and garment industrial zones, export value exceeded, free trade agreements, related authorities, review and adjust development planning for the industry, stable growth, suggested Government, under current planning, Việtnam Textile and Garment Association, Vietnamese textile industry, Vitas
The Vietnamese textile industry’s export value under the current planning was targeted to reach US$20 billion by 2020, but the figure exceeded $27 billion in 2015 and is expected to hit $31 billion this year. From 2010 to 2015, the industry had stable growth of export value of 15 per cent per year.
In the first half of this year, its garment and textile exports have reached $12.6 billion, representing a 4.72 percent year-on-year increase and accounting for 41 percent of the sector’s target for 2016.
