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Vietnam : Garment and handicraft exports surge

2004-8-6
Garment and textile exports earned Vietnam US $2.46 billion for the past seven months this year, a year-on year increase of 9.5 percent.

Exports in these sectors will soar in the third quarter of this year, bringing in about US$430-470 million a month, the Vietnam Garment and Textiles Association forecast.

The country also grossed US$27 million from fine art handicraft exports in July, bringing the seven-month total value to US$222 million, up six percent over the same period last year.

Vietnam aims to earn between US$400 and 450 million from handicraft exports in 2004, 22 percent higher than last year.

The United States, Japan and the European Union are the major markets.
 
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