Vietnam is now the eighth largest supplier of garment and textile products to the European Union (EU), according to the Ministry of Industry and Trade (MoIT).
The MoIT’s Industry and Trade Information Centre said textile and garment exports to the EU saw high growth in the past months, making up 18 percent of the sector’s total export revenue in the January-September period.
Eurostat statistics show Vietnam’s share in the EU textile and garment market has increased from 2 percent in May 2010 to 2.2 percent a year later.