Garment exports grow despite hurdles

The domestic garment industry has faced many challenges in exporting to key markets, such as the European Union and the United States, but it still has a chance of achieving its export target this year, according to experts. First quarter figures appear to support this expectation. Vietnam earned $6.84 billion from garment and textile exports in the first quarter of this year, 11.2 per cent more than in the same period last year, according to the Việt Nam Textile and Apparel Association. Việt Nam’s textile and apparel sector has set a target of seven per cent growth over 2016, with total export earnings of over $30 billion.

Keep reading