Thursday, November 26, 2020


Apparel exports of Vietnam in 2017

Vietnam: According to the Vietnam Textile Association (VITAS), Vietnam’s garment and textile in the first eight months of 2017, enjoyed…

By gta_admin , in International News , at September 13, 2017 Tags: , ,

Vietnam: According to the Vietnam Textile Association (VITAS), Vietnam’s garment and textile in the first eight months of 2017, enjoyed growth of 9.9 percent year on year to USD 19.8 billion in exports based on the current performance it is predicted to touch USD 30.5 billion in 2017. Vietnam: According to the Vietnam Textile Association (VITAS), Vietnam’s garment and textile in the first eight months of 2017, enjoyed growth of 9.9 percent year on year to USD 19.8 billion in exports based on the current performance it is predicted to touch USD 30.5 billion in 2017.

The US remains Vietnam’s leading market, accounting for 51 percent of market share. However, Vietnam imports 60 percent of its fibre, as cotton farms in Vietnam have shrunk significantly and meet only 0.04 percent of the domestic textile sector’s demand. This is the first year the CCI has supported Vietnamese brands using US cotton, the Cotton USA label will aid Vietnamese products in the US market.

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