Garment Exports Up 11 Percent
Vietnam exported US$6.5 billion worth of garments and textiles in the first six months, a year-on-year increase of 11 percent.
The country now ranks second in clothing exports to the US market with a growth rate of 8.5 percent, while still retaining sustainable growth in the Republic of Korea and Japan.
The garment and textile sector will continue facing difficulties due to falling demand from major markets such as the US and the EU.
This year, the sector is forecast to earn between US$18.2-18.5 billion with a growth rate of 12-14 percent if there is no big fluctuations in major markets and in the price of materials.
Vietnamese
