Vietnam garment exports to the US grew by five times over the past four years. This has naturally boosted the textile and garment sectors, said Le Quoc An, Chairman, Vietnam Textile & Garment Association at a meeting organized by the Ministry of Trade in Ha Noi. garments not subject to quota, soared to US $1.1 billion this year!
Domestic players were successful
|
| in shifting their production to quota-free items to increase exports. Complaining of allocated quota volumes not matching the market demand, many garment exporters shifted to producing quota-free products to enhance export revenues. Garment Company 10 started manufacturing quota-free products to compensate quota allocation setback for a tremendous export growth, said Hoang Minh Khang, Director of the Planning Department. 
|
|
