Welcome to my world of Vietnam textiles and garment manufacturing!
I have spent my life in this industry, and now I share my “insiders” knowledge to help you:
Vietnam has exported $8.2 billion worth of garment products till the end of November. Total garment exports for the current year are expected to reach US $9.1 billion, same as previous year, said Mr. Thanh of ThaiSon Garment Factory. It is estimated that this year garment exports would bring in $9.2 billion.
This year, the export prices were lower than the prices in 2008. In the first 11 months of 2009, prices of garment products, shipped to the US, witnessed 18 percent fall. So, the export revenue generated from garment items plunged down by 40 percent though the export quantity increased by 13-14 percent. This year, the country recorded highest localization ratio of garment products i.e. of 42-43 percent, which was 37 percent in 2008. Thaison Garments is working towards selling some of its leftover garments to the local market.
Vietnam imported $4.7 billion worth of materials and exported $8.2 billion worth of garment items during first 11 months of 2009. Garment exports to Japanese increased by 16 to 17 percent. This improvement in exports has pleased the garment producers, who have been able to enjoy tax preferences under the Vietnam - Japan Economic Partnership Agreement (VJEPA) along with which they also have a high localization ratio of raw materials.
Mr. Thanh mentioned that the country has been paying special attention to the three programs on fabric, cotton, and training development as increasing domestic inputs in garment products is always the key issue in the garment development plan. Thaison Garments is very active in training it’s tailors to improve quality and efficiency.
I have spent my life in this industry, and now I share my “insiders” knowledge to help you:
- Earn big profits in Vietnam by keeping your costs down
- Find the right textiles and designers in Vietnam
- See your designs come to life, beautifully and affordably
- Stay away from the wrong resources!
Vietnam has exported $8.2 billion worth of garment products till the end of November. Total garment exports for the current year are expected to reach US $9.1 billion, same as previous year, said Mr. Thanh of ThaiSon Garment Factory. It is estimated that this year garment exports would bring in $9.2 billion.
This year, the export prices were lower than the prices in 2008. In the first 11 months of 2009, prices of garment products, shipped to the US, witnessed 18 percent fall. So, the export revenue generated from garment items plunged down by 40 percent though the export quantity increased by 13-14 percent. This year, the country recorded highest localization ratio of garment products i.e. of 42-43 percent, which was 37 percent in 2008. Thaison Garments is working towards selling some of its leftover garments to the local market.
Vietnam imported $4.7 billion worth of materials and exported $8.2 billion worth of garment items during first 11 months of 2009. Garment exports to Japanese increased by 16 to 17 percent. This improvement in exports has pleased the garment producers, who have been able to enjoy tax preferences under the Vietnam - Japan Economic Partnership Agreement (VJEPA) along with which they also have a high localization ratio of raw materials.
Mr. Thanh mentioned that the country has been paying special attention to the three programs on fabric, cotton, and training development as increasing domestic inputs in garment products is always the key issue in the garment development plan. Thaison Garments is very active in training it’s tailors to improve quality and efficiency.