Garment and textile exports likely to exceed set plan by US$1bVietnam’s exports of garments and textiles are predicted to reach US$18.5 billion in the second half of the year, bringing the country’s total export turnover to US$35 billion, exceeding the set plan by US$1 billion. The information was released by Cao Huu Hieu, Managing Director of the Vietnam National Textile and Garment Group (Vinatex) at a press conference in Hanoi on July 30. Such a strong performance is attributable to the fact that many businesses have received a slew of bulk orders stretching to the end of the year. The total garment and textile export turnover in the first half of the year surged 16.49% to US$16.5 billion against the same period last year. Some businesses reported strong export performance including Tinh Loi (Regent Garment) Co, Ltd, Viet Tien Garment Joint Stock Corporation, Regina Miracle Co, Ltd, and Worldon Vietnam Co, Ltd.VOV
