Bright signs from textile and apparel export
22:13 | 03/03/2021
Many textile apparel firms have posted upbeat export performance in early 2021 with signed export orders until this upcoming July and August.
Apparel exports have been showing signs of a rebound since the end of the third quarter last year
Recent figures by the Vietnam General Department of Customs show that as of February 15, Vietnam raked in $3.77 billion from textile and apparel exports, up $270 million compared to the same period in 2020.
Le Tien Truong, deputy chairman of the Vietnam Textile and Apparel Association (Vitas) and chairman of state-run group Vinatex noted that with the COVID-19 situation still intense and consumption declining in Vietnamâs major export markets like the US, EU, and Japan, many local firms have adopted smartly by shifting to producing items for common use with reasonable price tags.