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GARMENT SECTOR EARNS OVER USD12 BILLION FROM EXPORTS
In the Japanese and Korean markets, garment and textile exports were valued at USD1.3 billion and USD948 million, up 7.3% and 8.33%, respectively. Vietnam is now the second biggest garment and textile exporter in the two markets after China and the country is continuing to expand market share.
The Vietnam National Garment and Textile Group (Vinatex) earned USD1.7 billion from exports in the six months, a year-on-year rise of 10.7%. The group’s revenue hit VND24.2 trillion during the period, up 9.6%.
Source: CPV
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LOGISTICS GROUPS BRANCH OUT FOR GAINS
Deputy director Tran Hong Kien said, “In the next five years, our revenue and profit are expected to grow continuously on an annual basis at an average rate of about 11 and 23 per cent, respectively. Return on equity is expected to reach about 14 per cent a year on average. This is a good performance compared to other companies in the same industry.”