The Hanoitimes – The export turnover of the garment industry in January is estimated to reach 1.05 billion USD, a year-on-year increase of 28.4%, according to the Ministry of Industry and Trade. The export of garments in early 2013 has shown positive signs in orders, stated by Deputy Head Dang Thi Phuong Dung of the Vietnam National Textile and Apparel Association (VITAS). Accordingly, in 2003, the garment industry targets the growth rate of 12-15% and an export value of around 18.5-19 billion USD with the average export value per month of 1.5 billion USD. To achieve these goals, the industry will create jobs for around 200,000 new laborers in 2013. Experts predicted that the garment and textile sector will maintain its growth rate of 12-15% to pocket around 19.3 billion USD in export turnover this year. Local garment and textile businesses felt excited in the first two months of 2013 as orders from abroad came in droves. For the goal, the sector needs a large workforce, senior advisor to the VITAS Le Quoc An said, suggesting the employment of additional 200,000 workers. In 2012, it kept topping the country’s export list, raking in 17.2 billion USD, a year-on-year rise of… Read full this story
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