Apparel exports hit USD 11.2 billion, fabric USD 856 million, and yarn USD 1.6 billion, according to the Vietnam Textile & Apparel Association (VITAS).

Meanwhile, the industry imported USD 9.3 billion worth of materials and accessories, up 12 percent from the same period last year.

VITAS has set the industry’s export turnover target this year at USD 40 billion, a 10.8 percent year-on-year increase from 2018.

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In January-May, fruit and vegetable exports stood at USD 1.83 billion, a year-on-year increase of 10.3 percent.

China was the top fruit and vegetable export market, accounting for 74.26 percent of market share, followed by the US at 3.16 percent, the Republic of Korea with 3.03 percent and Japan’s 2.53 percent.

The fruit and vegetable sector aims to gross nearly USD 4.2 billion in export turnover in 2019.

To realize this goal, the sector will expand fruit growing area to one million hectares and develop five main fruits in southern localities, namely dragon fruit, mango, durian, rambutan and longan, according to the Department of Crop Production under the Ministry of Agriculture and Rural Development.

The two industries have ample opportunities to expand their markets under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which came into effect in January.

Source: VNA