Vietnam expects that crude oil exports, the country’s second-biggest source earnings after textiles, could fall 28.2 percent in 2010 to 9.43 million tonnes, or 189,400 barrels per day, a state-run newspaper reported on Thursday. The Industry and Trade Ministry forecasts coal exports next year at 17 million tonnes, the Vietnam Economic Times newspaper cited the [...]
Sourcing in Vietnam’s blog
A blog about product sourcing in Vietnam
textile
Vietnam’s Apparel Export to the US and Eu drop
Vietnam Textile and Garment Association (Vitas) has reported that the country’s apparel export in first ten months to two major markets US and Europe Union fell 4.5 percent and 3.5 percent correspondingly compared with the same period of 2008.
The falls are acceptable when the total demand of both markets slumped 11-13 percent year-on-year, according to [...]
Apparel Industry Grows in Vietnam
The apparel and textile industry in Vietnam has overtaken crude oil as that country’s No. 1 export.
During the first 10 months of this year, Vietnam shipped $7.5 billion in apparel and textiles to primarily the United States and Europe, according to the Vietnamese General Statistics Office.
The Vietnamese government is now predicting that the apparel export [...]
