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Garments, textiles exports up 15.7% in four months

VGP – Viet Nam gained US$8.6 billion from exporting garments and textiles in the first four months of 2018, a year-on-year increase of 15.7%, ranking second among Viet Nam’s top export items, according to the Ministry of Industry and Trade.

May 10, 2018 4:11 PM GMT+7

The U.S. maintained the largest importer of Viet Nam’s garments and textiles, accounting for 47.3%, reaching US$3.04 billion, up 11.6%. 

To achieve the target of earning US$35 billion from exporting garments and textiles this year, the nation will maintain and develop exports to key export markets such as the U.S., the EU, Japan and the Republic of Korea, and enterprises will also focus on other markets including ASEAN, the Eurasian Economic Union, India and Latin America. 

By Thuy Dung