VIETNAM: Textile exports reach nearly US$6.9 billion

The turnover of textile exports in the first eight months reached nearly US$ 6.9 billion, an increase of 17.8 percent over the same period last year. The Vietnam Textile and Apparel Association (VITAS) has reported that August saw a record hit at over US$1 billion. 

The US remains Vietnam’s leading importer with an increasing of 20 percent to nearly US$4 billion compared with the same period last year, followed by Japan (15 percent), the Republic of Korea (80 percent) and several ASEAN countries (17 percent), while EU still hovers around two digit figures. 

So far, almost Vietnamese textile businesses have filled their orders for 2010, and some have won new export contracts for next year. 


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Added: September 6, 2010 Source: ynfx
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