Vietnam govt confident textile and garment industry to grow further this year

  • 📰 staronline
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 75%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The industry has been expanding fast over the last five years, at 20 to 26% annually.

According to Vietnam news agency , he said the industry has been expanding fast over the last five years, at 20 to 26 per cent annually. Vietnam is currently the world’s third largest exporter in this sector.

The country’s textile and garment products are holding a global market share of 5.2 percent with the biggest importers being the US, the Republic of Korea, Japan, and Europe, it added. Cam said in order to sustain the growth trend, the State should quickly disburse the financial aid package for enterprises and reform the mindset in attracting investment to textile and garment material production.

Meanwhile, businesses should adopt green manufacturing practices, including reducing and recycling waste, to meet the growing preference for environmentally friendly products, he added. - Bernama

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

More business events to help drive tourism numbers, says NancyKUALA LUMPUR: The business events industry will help Malaysia achieve its new target of 9.2 million tourist arrivals with RM26.8bil in tourism receipts this year, says Datuk Seri Nancy Shukri.
Source: staronline - 🏆 4. / 75 Read more »