In July 2008, Vietnamese Clothing Exports Amounted To US $930 Million.
In July 2008, Vietnam's clothing export revenues amounted to $930 million, resulting in a record $5 billion 100 million in exports in the first 7 months of this year, compared with a 20.5% rise in the same period.
Li Guoen, chairman of Vietnam Textile and Apparel Association (Vitas), explained that for Vietnam's garment industry, the 7-9 month is a harvest period. In view of the excellent performance in July, there will be positive prospects in the next two months. It is estimated that by the end of this year, the export of Vietnam's textile and garment industry is expected to reach US $9 billion 500 million.
However, the textile and garment industries must deal with many difficulties, such as high inflation, high interest rates on commercial loans, expensive raw materials, strikes and resignations, and other factors.
In addition, the textile and garment industry is totally dependent on major markets, such as the United States (market share 55%), the European Union (market share 17%) and Japan (market share 8%). In order to pfer risks, industry experts suggest that exporters should actively seek other export markets, such as the Middle East and South Africa.
Vitas also recommends that garment manufacturers not ignore regional markets, such as South Korea, Singapore and Taiwan. Li Guoan said that some of the Vietnamese made garments were sold to the Asia Pacific region. Although the sales volume is still small, the garment manufacturers are willing to operate small markets in the current environment, and they should be able to get good profits.
- Related reading
Winter Clothing And Textile Industry: Innovation, Upgrading And Social Responsibility
|- Mall Express | Excellent Purchase And BELLE Electricity Supplier Double Eleven Order Has Passed 260 Thousand Today Will Pass 430 Thousand Single
- Mall Express | Europe'S Top Men'S Wear Corneliani First Enters Ginza Mall In Ji'Nan
- Latest topics | Chen Yufang Writes The Symphony Of Love With Her Mother's Love.
- Fabric accessories | Mass Fabric Sales Run Insufficient, Small And Medium Businesses Credit Delivery.
- Global Perspective | Where Does LV Come From?
- Design Frontiers | Wang Tiankai, The 20Th Anniversary Commemorative Conference Of China Fashion Designers Association
- policies and regulations | In Order To Promote The Registration System Of Registered Capital, The SAIC Relaxed The Principle Of Private Enterprises.
- Show show | "Tyrant Gold" Staged 2014 Spring And Summer Fashion Week Show Luxury.
- Internet Marketing | "Double 11" Business Pactions Reappear "Qian Jingsu Ning Yun" O2O Shopping Festival
- Design Frontiers | CMB Clothing Brand Product Exchanges, Hope Complementary Cooperation, Mutual Benefit And Win-Win Situation.
- Traditional Spinning And Weaving Industry Is Brilliant.
- China Home Textiles And Accessories Exhibition: Wind Direction And Windows
- Waking Up Industry To Fashion Industry
- Winter Clothing And Textile Industry: Innovation, Upgrading And Social Responsibility
- Market Prospect Of Home Textiles Stores
- In The First Half, Xinye'S Textile Net Profit Increased By 0.53% Over The Same Period Last Year.
- Convective Textile: Read The "Festival Of Cotton"
- Upgrading And Upgrading Of Jiangyin'S Textile Industry In Pformation
- Comprehensive Forecast Of Fashion Trend For Men'S Wear In 2008
- Let Luxury From Philosophy Into Industry