Garment sector promotes exports to Middle East
Vietnam’s garment and textile sector now considers the Middle East a promising market as it is facing product origin requirements from traditional markets like the US and the EU.
According to the Vietnam Textile and Apparel Association, there is an increasing demand for products, especially gowns, shirts, jeans and kids ready-made garments from the Middle East over recent years.
Experts say products from Vietnam enjoy a favourable condition as they can be shipped directly to the region by local importers without going to an intermediary country.
Vietnam’s garment and textile exports to the Middle East witnessed a remarkable increase over the past time, with the value raising from US$43.3 million in 2009 to US$117.4 million last year.
The industry in the first two months of this year gained a year-on-year increase of 30 percent in export value to reach US$3.2 billion. In February alone, it earned US$1.3 billion from exports, a surge of 44.9 percent.