Vietnamese garments earned more than 1 billion USD in export revenue from four big markets each - 7 billion USD from the US, 2.6 billion USD from the EU, 2.1 billion USD from Japan, and 1.1 billion USD from the Republic of Korea in 2012.
The Hanoitimes - Vietnamese garments earned more than 1 billion USD in export revenue from four big markets each - 7 billion USD from the US, 2.6 billion USD from the EU, 2.1 billion USD from Japan, and 1.1 billion USD from the Republic of Korea in 2012.
These figures show an increase in the competitiveness of made-in-Vietnam products on the global market.
The Vietnam Textile and Apparel Association (VITAS) said the world demand for garment products from Vietnam will grow slightly in 2013, by 5% in the US and 10% in Japan, which is likely to replace the EU as Vietnam’s second largest importer of Vietnamese garment and textile products.
It’s predicted that Vietnam’s garment export earnings from Japan will reach 2.4 billion USD in 2013, a year-on-year increase of 18.5-19%.
