Vietnam Exported $5 Billion 100 Million In Textile Garments For The First 5 Months.

According to the Vietnam textile and Garment Association, since the beginning of 2011, although the industry has been under the pressure of raw materials, water and electricity, and wage increases, the total export volume of 5 billion 100 million US dollars has increased by 35.6% in the first 5 months, compared with the same period in 2010. The United States, the European Union and Japan continued to be the top three export markets, especially in the early March. However, exports to Malaysia and Turkey during the period were counteracted by the two countries' defense import duties.

Vietnam's textile and garment industry has been developing rapidly in the past 10 years with an average annual growth rate of 30%. It is now ranked among the top 10 textile and garment exporting countries in the world. In 2010, it exported 11 billion 200 million US dollars. Textile garments It increased by 23% compared with 2009, and planned to export 12 billion 500 million US $~130 billion in 2011.

However, industry experts estimate that Vietnam's industry still has not been able to make good use of its development potential, and the domestic market needs to be vigorously developed.

Up to now 95% cotton yarn, 70% Man-made fiber And 60% woven fabrics still need to be imported. You should join the Source ASEAN Full Service Alliance (SAFSA) to get wide support.

Vietnam's textile and Garment Association (Vitas) said that in addition to strengthening the management of product quality, price and value-added products, Vietnam still needs an industry alliance strategy, not only with domestic suppliers as an industrial alliance, but also with the ASEAN Association of all trades, so as to develop the global textile and garment supply chain hub in 2013.

In April 2010, the AFTEX began to promote the establishment of the SAFSA organization plan to lobby the ASEAN countries, the United States, the European Union and Japan to join in the attempt to establish product design, manufacture samples, audit samples and confirm. Order Supply the raw and auxiliary materials, start production, shipment and other sealed online development system.