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VN garment exports see growth in first quarter of this year

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.

Vietnam garment and textile exports witnessed 1.2pc growth in Jan

Related Keywords: clothes, fabrics, FDI, free on board, month of January, production output of garment and textile products, Saigon Garment Manufacturing Trading, turnover witnessed growth, Vietnam garment and textile exports, Vietnam Textile and Apparel Association

Vietnam garment and textile export turnover witnessed 1.2 percent growth in the month of January over the same month last year to reach US$1.9 billion, according to Vietnam Textile and Apparel Association.

The production output of garment and textile products such as fabric and clothes have been on the rise compared to the same period last year as many businesses have got orders to produce until the end of the first quarter this year and even the second quarter to some.

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