Textile, garment achieves record export turnover

Textile and garment exports hit a record high $2.16 billion in August, taking the total to $13.6 billion in the first eight months this year, reported the Vietnam Textile and Garment Association.

Workers at Donaganex Company in Dong Nai Province (Photo: VNA)

The eight month number was a year on year increase of 20 percent. In July, the export turnover hit US$2.14 billion.

This year, the textile and garment export is targeted at 12 percent growth rate and expected to exceed US$20 billion turnover this year.

The textile and garment exports have strongly grown thanks to opportunities from the under-negotiation Trans-Pacific Partnership and Vietnam - EU Free Trade Agreement, according to the association.

By Ha Nhai – Translated by Hai Mien

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