Photo for illustration (Source: VTV)It was up 13 percent in volume and 50 percent in value against last year’s figures, Dau tu (Investment) newspaper reported. Last year, the price of fiber rose by 25 percent compared to 2020. Of these, cotton experienced the highest growth, followed by polyviscose and polycotton. Many enterprises including the Ha Noi Textile and Garment Joint Stock Corporation (Hanosimex) have benefited from the fiber price hike. Despite the outbreak of pandemic last year, Hanosimex’s subsidiaries still operated at full capacity. The corporation attributed it to the fact that they had received orders early and had been proactive in securing materials for their production, said the Vietnam News Agency. Thanks to a rise in fiber price and good trading, the corporation’s revenue estimated to reach 897 billion VND (39.5 million USD) last year, representing 146 percent of the year’s target. It earned 675 million VND from exporting fiber, doubling that of 2020. The