Vietnamís apparel and textile export jumps by
The export numbers for Vietnamís apparel and textile industry
are out for the first 5 months of 2019. And they are good enough
to indicate that the industry is heading towards right
This was confirmed by the Ministry of Industry and Trade today
in its report.
The Ministry said that the country has seen a year-on-year
(y-o-y) growth of 10.3 per cent in the export of apparels and
textiles in the first 5 months of the year, earning around US $
It also added that the turnovers of countryís apparels and
textiles exported to the Association of Southeast Asian Nations
or ASEAN surged by a whopping 31.6 per cent.
The figures have been equally impressive with regard to other
countries as well. The country has seen a turnover rise of 16.3
per cent, 9.8 per cent and 6.5 per cent to South Korea, USA and
It is imperative to note that in May alone, the apparel and
textile export turnover was US $ 2.6 billion at a y-o-y of 10.8
Going by the numbers, it will not be a surprise if Vietnamís
apparel and textile export turnover touches the projected US $
40 billion much before the year ends.