Vietnam’s Q1 textile exports turnover seems to recover

Vietnam’s Q1 textile exports turnover seems to recover

The first four months of the current year have been profitable for Vietnam as there was an increase in the export of textile and garments. As per the Ministry of Industry and Trade, it has earned over $9.5 billion in Q1.

Hanoi, Vietnam

April saw a huge profit as Vietnam’s textile and garment exports rose by
42.2 %. During the initial four months, the demand in the key market recovered
and the sector saw some positive changes. Coupled with this positive impact,
Vietnam also joined the free trade agreements according to the ministry.

It is also said that many export items like
fabric and clothes from natural fibres also gained the growth momentum.
According to China’s General Static Office, Vietnam also recorded an export
turnover of around $29.5 billion in this sector. This figure is 10.2% down as
compared to that of the previous year but is still acceptable considering the
effect of the pandemic. Other large export markets in this sector include
Japan, South Korea, China, the European Union, and the United States.

Source: China.org.cn

Image Source

Related stories

https://indiantextilejournal.com/latest-textile-industry-news/vietnam-s-q1-textile-exports-turnover-is-recovering-

https://indiantextilejournal.com/latest-textile-industry-news/recruitment-soars-in-vietnam-s-textile-industry-

https://indiantextilejournal.com/latest-textile-industry-news/chinese-fabric-exports-fall-due-to-regional-competition

 

CATEGORIES
TAGS
Share This

COMMENTS

Wordpress (3)
  • comment-avatar

    Good article with great ideas! Thank you for this important article. Thank you very much for this wonderful information.
    live tv racing results bbc https://bit.ly/ptv-sport-live-streaming

  • comment-avatar

    Definitely, what a great blog and instructive posts, I definitely will bookmark your site.All the Best! https://izmirmerkitevdenevenakliyat.com/

  • comment-avatar

    Veryy rapidly this web site will be famoous among all blog users, due to it’s pleasant articles. https://freehorseracingtv.com/

  • Disqus ( )

    Hi There!

    Now get regular updates from ITJ Magazine on WhatsApp!

    Click on link below, message us with a simple hi, and SAVE our number

    You will have subscribed to our Textile News on Whatsapp! Enjoy

    +91 81082 88300

    Reach out to us

    Call us at +91 8108603000 or

    Schedule a Call Back