VIETNAM: Garment Chief In Call For Export Action
An said clothing producers must increase the competitiveness, actively target export markets and make the most of resources such as trade shows and the internet if they are to grow.
He also called for greater co-operation between firms so they could open offices and showrooms in key markets such as the US, EU and Japan; and build factories and intermediary warehouses in Laos and Caribbean nations.
His call for action comes after new figures showed the industry will struggle to hit its target of increasing its export turnover from $700 million to $1 billion by 2005.
Rapid export growth in the nineties has slowed in recent years and in 2001, the industry grew just nine per cent, while in the first quarter of 2002, exports inched up slightly to $450 million.
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