In the first quarter of 2017, Vietnam’s textile and apparel exports totaled US$6.75 billion, a year-on-year increase of 12.4%. Among them, exports to traditional markets such as the United States and the European Union only increased by 6.3-6.4% year-on-year. Exports to several emerging markets have released promising signals, among which exports to Russia increased by 115%, exports to Singapore increased by 38%, exports to Cambodia increased by 36%, and exports to Brazil and India increased by 34%. The person in charge of the Vietnam Textile and Garment Group said that the fourth industrial revolution has brought new opportunities and challenges to the textile and garment industry. In 2017, the Vietnamese textile and garment industry will strive to achieve an average annual growth rate of 10%. Vietnam’s textile and clothing industry strives to achieve an average annual growth rate of 10% in 2017
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