Textile-garment export target of over $34 bln achievable: VITASWith the bright outlook of both global and domestic economies, the textile-garment sector’s exports target of 34 – 34.5 billion USD for 2018 is achievable, Vice Chairman of the Vietnam Textile and Apparel Association (VITAS) Truong Van Cam said. Many companies said they have been working to diversify export markets. Textile-garment exports in Q1 are estimated at 7.62 billion USD, up 13.35 percent from the same period of 2017. Of this figure, 5.98 billion USD worth of apparel was shipped abroad, rising by 12.49 percent year on year. In 2017, the industry gained a year-on-year increase of 10.23 percent in export revenue to 31 billion USD, higher than its target set at the beginning of the year at 30 billion USD.-VNA

Source: VietNamNet News April 18, 2018 04:18 UTC