Vietnam'S Textile And Apparel Market Share Increased In Japan

According to Vietnam investment report September 10th, Vietnam

Vietnam textile and Apparel Association said that Vietnam's textile and garment export enterprises are in good condition.

Although it is only the 3 quarter, many enterprises have achieved export orders for the whole year, and export prices have increased by 15% over the same period.

Some enterprises even signed export orders next year.

For example, Vietnam TNG trading investment company has signed a US $45 million order with the US company, and the company is negotiating with its partners about the export contract next year.

Vietnam textile and Garment Association (Vitas) said that in July Vietnam's textile and apparel exports nearly US $1 billion, an increase of nearly US $20 million.

The total export volume of US $5 billion 800 million in the first 7 months increased by 17% over the same period last year.

Among them, exports to the United States increased by 23%, exports to Japan increased by 15%, and exports to ASEAN increased by 30%.

Exports to Korea rose the largest, increasing by more than 80% over the same period last year.

Exports to Europe were the smallest, with an increase of only 1.5% over the same period last year.

Vitas predicts that Vietnam will achieve an export target of US $10 billion 500 million this year, an increase of 13% over the same period last year.