Textile and garment sector of Vietnam has targeted to generate over US $10 billion through its exports in 2010, around 12 percent more than that of current year, said Mr. Le Quoc An, Chairman of the Vietnam Garment and Textile Group (Vinatex).
The industry entrepreneurs are optimistic about achieving this target as it has witnessed demand surge from two of its major markets, US and EU. Almost every enterprise in the clothing sector has signed orders for upcoming two quarters of next year.
Export turnover of the industry has reached to $9.1 billion, which is almost equivalent to that of previous year, said Mr. An.
Source: www.fibre2fashion.com
