Coming out of woes that Vietnam experienced in H1 ’18, itsaw 2.44 per cent growth till July ’18 and shipped € 1,778.33 million worth of apparels in the European market.
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Vietnam grew at a rate of 6.41 per cent between January to July period in 2018 only to falter in August when this growth rate came down to 5.85 per cent.
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Vietnam is on rise in its apparel exports to the 28-nations bloc, but in just volumes. Value of exports was disappointing as unit prices declined massively by 26.09 per cent.
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There’s no stopping Vietnam. The south-east Asian manufacturing powerhouse is rapidly growing in its apparel exports to its biggest market USA.
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The surge of the Chinese and Korean apparel companies in Vietnam is reflected by the growth in quantities of apparel exports from Vietnam to the EU.
