Vietnam eyes bigger garment export revenues in 2008
Sunday, 2 December 2007
HANOI, Dec 1 (Xinhua): Vietnam has targeted to export textiles and garments worth 9.5 billion U.S. dollars next year, up from estimated 7.8 billion dollars this year, Vietnam Economic Times reported today.
The country is expected to export the products worth 5.3-5.5 billion dollars to the United States, 1.6-1.8 billion dollars to the European Union, and 800 million dollars to Japan in 2008.
The Vietnam Textile and Apparel Association has encouraged local garment enterprises to further explore traditional markets such as the United States, the European Union and Japan, and seek new ones.
It has also urged them to focus on building trademarks, strengthening trade promotion, increasing product quality and improving design, marketing and management.
Vietnam, posting textile and garment export turnovers of more than 5.8 billion dollars in 2006, shipped abroad the products worth nearly 7.1 billion dollars in the first 11 months of 2007, a year-on-year rise of 32 percent, according to the association.
The country is expected to export the products worth 5.3-5.5 billion dollars to the United States, 1.6-1.8 billion dollars to the European Union, and 800 million dollars to Japan in 2008.
The Vietnam Textile and Apparel Association has encouraged local garment enterprises to further explore traditional markets such as the United States, the European Union and Japan, and seek new ones.
It has also urged them to focus on building trademarks, strengthening trade promotion, increasing product quality and improving design, marketing and management.
Vietnam, posting textile and garment export turnovers of more than 5.8 billion dollars in 2006, shipped abroad the products worth nearly 7.1 billion dollars in the first 11 months of 2007, a year-on-year rise of 32 percent, according to the association.