HANOI, Jun 3 (NNN-VNA) – Vietnam raked in over 12.2 billion U.S. dollars from exporting textile and garment, between Jan and May, up 15 percent against the same period last year, according to the country’s General Statistics Office today.
In May alone, Vietnam’s textile and garment exports rose 35.1 percent year on year, to around 2.6 billion U.S. dollars.
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 U.S. dollars from textile and garment products, down 10.2 percent from 2019, according to the General Statistic Office.– NNN-VNA
