Vietnam's garment export rises 15pc in five months

Desk Report || 2021-06-03 02:09:54

image

Vietnam raked in over 12.2 billion US dollars from exporting textile and garment between January and May, up 15 per cent against the same period last year, according to the country's General Statistics Office on Thursday.

In May alone, Vietnam's textile and garment exports rose 35.1 per cent year on year to around 2.6 billion US dollars, reports Xinhua.

Over the five-month period, markets including the United States, the European Union, and Japan were still key importers of Vietnam's textile and garment.


However, higher prices of input materials are lowering the profit earned by local firms from exporting textile and garment, said the Vietnam Textile and Apparel Association.

In 2020, Vietnam recorded an export turnover of 29.5 billion US dollars from textile and garment products, down 10.2 per cent from 2019, according to the General Statistic Office.

Editor & Publisher: S. M. Mesbah Uddin
Published by the Editor from House-45,
Road-3, Section-12, Pallabi, Mirpur
Dhaka-1216, Bangladesh
Call: +01713180024 & 0167 538 3357

News & Commercial Office :
Phone: 096 9612 7234 & 096 1175 5298
e-mail: financialpostbd@gmail.com
HAC & Marketing (Advertisement)
Call: 01616 521 297
e-mail: tdfpad@gmail.com