VIETNAM: Garment And Textile Exports On The Increase
Vietnam's garment and textile industry registered an export turnover of more than $1.5bn in the first ten months of this year, equalling 104.4 percent of that of the same period last year. The country's garment and textile industry will earn $1.9bn from exports in 2000, an increase of 8.7 per cent over 1999, according to Vietnam News Agency (VNA). Vietnam's exports to quota markets such as the EU, Canada, and Turkey will contribute $720-730m, or a year-on-year increase of 15 per cent. This figure will amount to 39 per cent of the industry's total export turnover of Vietnam. Meanwhile, the country's exports to off-quota markets including Japan and the United States are expected to rise 17 per cent over 1999.
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