The export value of Vietnam’s textiles and garments in the first four months showed a year-on-year increase of 15.7 per cent. Export value of textiles to the United States showed a year-on-year surge of 11.6 per cent. Vietnam’s exports to the US account for 47.3 per cent of the country’s total garment export value.

The export value of textiles and garments from Vietnam to Japan was 19.6 per cent higher than the same period last year, accounting for 13.3 per cent of the total export value.

The export value of textiles and garments to South Korea increased by 14.8 per cent and 40.9 per cent, respectively, against the same period in 2017.

The value of exports to the European Union rose by 11.8 per cent. The value of exports to Asean rose by 26 per cent.

Vietnam has a target of 35 billion dollars in total textile and garment export value for this year. Enterprises have been asked to fully exploit the working capacity of their workers as well as restructure their management practices to improve labor productivity.

Besides maintaining and developing export markets such as the United States, European Union, Japan and South Korea, enterprises are focusing on developing other markets such as Asean, the Eurasian Economic Union, India and Latin America, including linkage with the distribution system in the local market.