Quota fees on garment exports to the US have been revised by the Ministry of Finance (MoF) to help cut costs for local textile firms and enhance their competitiveness once quotas among WTO members are lifted.

In addition to the six apparel categories already  fee-free, ten new categories will be exempt from garment quota fees, while those in another nine categories will be reduced by 70 per cent.

The changes are due to come into effect on 1 January 2005.

The ten categories include men's coats, cotton sweaters, cotton and synthetic fibre pyjamas, woollen coats for men and women, woollen shirts for men and women, woollen trousers for men and women, synthetic fibre sweaters and trousers.

The nine categories receiving reduced fee include cotton coats for men and women, cotton shirts for men and women, synthetic fibre shirts for men and women, cotton and synthetic fibre skirts, cotton trousers for men and women, and swimsuits.

The total value of the waived and reduced fees is estimated at nearly US$6.4 million. 

Vietnam expects to earn nearly $2.3 billion from garment exports to the US this year.