{"id":1362,"date":"2024-03-04T12:26:58","date_gmt":"2024-03-04T05:26:58","guid":{"rendered":"https:\/\/phutuong.vn\/?p=1362"},"modified":"2024-03-04T12:26:58","modified_gmt":"2024-03-04T05:26:58","slug":"vietnams-textile-and-garment-exports-continue-to-grow","status":"publish","type":"post","link":"https:\/\/phutuong.vn\/?p=1362&lang=en","title":{"rendered":"Vietnam\u2019s textile and garment exports continue to grow"},"content":{"rendered":"<header class=\"entry-header\">\n<h1 class=\"entry-title\">Vietnam\u2019s textile and garment exports continue to grow<\/h1>\n<\/header>\n<div class=\"entry-content\">\n<p>According to the data from Vietnam\u2019s Ministry of Industry and Trade, textile and garment exports were valued at US$ 22.56 bn in the period, representing growth of over 17% on last year. The main export markets are the US, the EU, Korea, China and the Comprehensive and Progressive Agreement for TPP (CPTPP) \u2013 or TPP-11-countries.<\/p>\n<p>In 2017, Vietnam\u2019s textile and garment industry earned US$ 31 billion from exports, a year-on-year increase of over 10 percent. This growth momentum will continue in the next few years, with exports predicted to reach US$ 34-35 billion this year, and US$50 billion by 2020. Garment manufacturing accounts for the majority of businesses,\u00a0at 70 percent.<\/p>\n<p>&nbsp;<\/p>\n<p>According to new figures, the country\u2019s industrial production index is estimated to increase by 10.6% in the 9 months period; the highest growth since 2012.<\/p>\n<p>Manufacturing continued to be the bright spot of the industrial sector and the main engine of economic growth with an increase of about 12.65%.<\/p>\n<p>Do Thang Hai, Deputy Minister for Industry and Trade, said, \u201cTrade and industry achieved remarkable results during the year, making a positive contribution to the national economy.\u201d<\/p>\n<p>Vietnam is the world\u2019s third largest clothing exporter and has benefited as producers and buyers diversify their supply chains, helped by its low labor costs and industry focus on specialization, modernization, and increasing value addition.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Vietnam\u2019s textile and garment exports continue to grow According to the data from Vietnam\u2019s Ministry of Industry and Trade, textile and garment exports were valued at US$ 22.56 bn in the period, representing growth of over 17% on last year. The main export markets are the US, the EU, Korea, China and the Comprehensive and [&#8230;]\n","protected":false},"author":3,"featured_media":1363,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[110],"tags":[],"yst_prominent_words":[],"_links":{"self":[{"href":"https:\/\/phutuong.vn\/index.php?rest_route=\/wp\/v2\/posts\/1362"}],"collection":[{"href":"https:\/\/phutuong.vn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phutuong.vn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phutuong.vn\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/phutuong.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1362"}],"version-history":[{"count":1,"href":"https:\/\/phutuong.vn\/index.php?rest_route=\/wp\/v2\/posts\/1362\/revisions"}],"predecessor-version":[{"id":1364,"href":"https:\/\/phutuong.vn\/index.php?rest_route=\/wp\/v2\/posts\/1362\/revisions\/1364"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/phutuong.vn\/index.php?rest_route=\/wp\/v2\/media\/1363"}],"wp:attachment":[{"href":"https:\/\/phutuong.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phutuong.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phutuong.vn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1362"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/phutuong.vn\/index.php?rest_route=%2Fwp%2Fv2%2Fyst_prominent_words&post=1362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}