Garment sector up 11.1%

18:52 | 05/08/2014

VGP – The garment and textile sector continues to lead other staples in export turnover, increasing by 11.1% month on month in July to US$2.1 billion, and surpassing the telephone sector as the nation’s leading export industry.

In July only, garment and textile exports outpaced the telephone sector by $ 0.5 billion.

According to the Ministry’s latest statistics, in the first seven months of the year, cumulative garment and textile exports up 19.4% year on year to $11.48 billion.

Garment exports achieved a two-digit growth in most markets, including the US up 14.85%, Europe up 26%, Japan up 13.82%, and the Republic of Korea up 36%.
                                                                                                                                 By Ngoc Van