NEWS DETAIL
Network coverage caexpo.com day 23/11: According to Vietnam Textile and Apparel Association (Vitas), in 2013 Vietnam's garment has set a target of exports from 20 to 21 billion dollars by 2015 export sector Vietnam's garment absolutely can reach 25 to 27 billion dollars.
 
According to the analysis, textiles are the major export items of Vietnam, with exports reaching $ 13.8 billion in 2011, expected to reach $ 15 billion in 2012. In addition, the competitive and integration of Vietnam's garment industry has grown, fully meet the needs of large markets such as the US, EU, Japan ... and towards some potential markets such as China, Korea, Angola , New Zealand, India, Russia ...
 
According to the investigation report of Nanbo network shows, after joining the WTO, textile exports in 5 years Vietnam has increased considerably. In particular, exports of goods reached $ 5.9 billion in 2006 to 2011 has increased by 15.8 billion USD.Thuc shows that, after joining the WTO and FTAs, the with other economic sectors has opened great opportunities for Vietnam's garment. Eastern time, Vietnam's garment also the integration into the world economy, boost exports by trade barriers such as textile quotas in the US and other countries have been removed, equality of tax between the Member States, access to technology, information and services, as well as management experience is better.
 
According to economic experts, participating in the playground WTO has made a positive impact to the Vietnam Textile and clearest idea is to increase exports and increase export market share, making Vietnam become one of 10 countries with exports leading textile. In terms of market share, as of this garment exporters in Vietnam were present in 180 countries and territories around the world. In which US import market leader with a turnover of approximately US $ 6.872 billion in 2011, growing by more than 12% compared with 2010, followed by the EU reached $ 2.5 billion, up 33%, 3rd is Japanese market reached 1.68 billion, up 45%.
 
According to Vietnam Economic Times, 9 months of 2012 the whole industry exported US $ 12.6 billion in 2012 and will set objectives finishing $ 17 billion, up from 7.7 to 8% over the same period 2011. It is not easy to figure that many business world textile industry to achieve such growth. Currently, textile remains No. 1 on export of Vietnam, accounting for 13% of total exports of both nuoc.Nam 2009, Vietnam officially a member of the Association 6th Fashion Asia, and so on Vietnam's position was confirmed in the strategic mission of the fashion design and implementation of value-added core of Vietnam's garment industry in the future.
 
In general correlation of the economy, Vietnam's garment sector is still the key. With the rapid growth and strong current, textile industry not only plays an important role for the recovery goals of economic growth, but also to ensure the balance of trade of Vietnam. As is known, the Government of Vietnam has set a target for early textile industry, since 2017-2020, Vietnam's garment will strive second Tuesday of the top exporters of textile largest worldwide world. At the same time, confirms 2020 Vietnam's garment will have 5-7% of big brand integration with world markets.
 
To accomplish these goals, team managers Vietnam's garment has extensive strategic vision. Specifically, given the strategies to improve the localization rate, focusing on improving the competitiveness of products through innovative technology, design, moving from pure outsourcing ago FOB, from an importer of raw materials large, almost 100% of the current was reduced to 60-65% and the steps to the business world textile and yarn to create a trust and expand cooperation with Vietnam. Also, call the manufacturer of textile fibers world, focused investments in strategic sectors of Vietnam and the high-end products. In particular, enterprises should strengthen the application of advanced management technology to increase productivity, to strive to achieve the second Tuesday of the top exporters of textile largest worldwide world.
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