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VN textile-garment trade surplus likely to hit US$15.5 bn this year

Related Keywords: early this year, estimated at US$31 billion, fabrics US$1.07 billion and cotton US$3.51 billion, faced multiple challenges, second quarter of this year, situation changed for better, textile and garments contribute an estimated US$25.91 billion, total export revenue, Vietnam textile and garment sector

Vietnam textile and garment sector has faced multiple challenges early this year, but the situation has changed for the better since the second quarter of this year. Of the total export revenue of this year estimated at US$31 billion, textiles and garments contribute an estimated US$25.91 billion, fabrics US$1.07 billion and cotton US$3.51 billion.

At a press conference in HCMC on December 11, Giang said that the sector has gained strong export growth this year, at 10.23% versus 2016, and the momentum is to continue into next year with export earnings expected at US$33.5-34 billion.

Vietnam garment exports touches USD 1.89 bn in June alone

Related Keywords: and marketing, designing, European Union, largest market, total export revenue, United States, Vietnam garment export

Vietnam garment exports in June alone, achieved over 1.89 billion U.S. dollar, up by 22.4 percent against the previous month, posting the first time high since January 2014. With this the first half of 2014 has reached over 9.38 billion U.S. dollars up by 19.8 percent year-on-year, accounting for 13.2 percent of the national total export revenue during the period, when garment replaced phone and accessories to top Vietnam's export items in terms of revenue, according to the General Department of Vietnam Customs latest statistics on Tuesday.
 

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