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Vietnam's textiles, garments export up an impressive 21.6 per cent in six months of this year

Tan KW
Publish date: Tue, 05 Jul 2022, 05:52 PM

HANOI, July 5 : Vietnam earned about US$18.6 billion from exporting textiles and garments in the first six months of this year, up 21.6 per cent from the same period last year, according to the country's Ministry of Industry and Trade on Tuesday.

In June alone, Vietnam's textile and garment export rose 18.8 per cent year on year to around US$3.6 billion.

According to experts, this positive result was partly thanks to the effective implementation of the free trade agreements in effect, which have offered many markets for Vietnam's textile products.

The Vietnam Textile and Apparel Association has estimated that the country would reap US$42 to US$43.5 billion from exporting textiles and garments this year.

In 2021, Vietnam recorded an export turnover of over 32.7 billion dollars from textile and garment products, up 9.8 percent from 2020, according to the country's General Statistic Office.

Its largest export markets included China, Japan, the European Union, South Korea and the United States.

 - Xinhua

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