Textile and garment exports from Vietnam have continued to rebound in the first three-quarters of 2010, achieving year-on- year growth of 19.7% to US$7.49bn.
In September in particular the industry has seen more orders and a 15-20% hike in prices, according to the Vietnam Textile and Apparel Association (Vitas),
Except for the EU region, where the pace of recovery continues to be slow, exports to all other major markets saw strong growth. Shipments to Korea and Japan rose by 80% and 15% respectively, helped by free trade agreements between the Association of South East Asia Nations (ASEAN) and these two countries.
Vietnam’s footwear exports are also on the rise, growing 21.2% on-year to US$3.41bn.
