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Vietnam advised to expand exports, hold new markets | Business

Vietnam advised to expand exports, hold new markets | Business
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Textile, leather and footwear exports hit record high of US$71 billion last year

Despite enduring numerous difficulties, the garment, textile and leather footwear sectors raked in US$71 billion last year, according to details given by the Vietnam Textile and Apparel Association (Vitas). ....

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Textile companies hope for better days ahead


Textile companies hope for better days ahead
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 25/02/2021
  
11:42
GMT+7
Textile and garment companies have made big strides in the industry for the past decade, but 2020 was a challenge.
Workers at Viet Tien Garment Corporation (VGG). From 2010 to 2020, the total revenue of Vietnamese textile and garment enterprises has increased four times from VND12.35 trillion to VND54.14 trillion.
Viet Tien Garment Corporation (VGG) recorded a sharp decline in net profit by 65 per cent in 2020 ​​to VND143 billion (US$6.2 million), the lowest profit rate in the last 10 years. ....

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