VIETNAM GARMENT-TEXTILE EXPORTS STARTING YEAR WITH A BANG

THE LATEST data from the General Department of Vietnam Customs shows that the country’s garment and textile exports grew by 19% in the first two months of the year from January-February 2018, outpacing 2018’s full-year growth of 16% and serving as an early indicator that official export targets for 2019 may easily be met. The Vietnam Textile and Apparel Association (VITAS) had, in early February, set the industry development target this year for an export turnover at USD40 billion, which would represent an increase of 10.8% from 2018. The country has been ...


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