Vietnam's garment exports fall 5.8 per cent in 4 months

HANOI (Xinhua): Vietnam's total textile and garment export value in the first four months of this year dropped by 5.8 per cent year-on-year to over US$8.9 billion, according to the country's General Statistics Office on Thursday (May 7).

Its largest export markets included the United States, the European Union, Japan, South Korea and China.

In April alone, Vietnam's textile and garment exports decreased by 19.2 per cent against March to some $1.9 billion.

Difficulties in production due to the Covid-19 pandemic were blamed for the reductions, the Vietnam Textile and Apparel Association said.

Vietnam, among the world's biggest exporters and producers of garments and textiles, made garment and textile export turnovers of roughly $32.6 billion in 2019, up 6.9 per cent from 2018, according to the statistics office. - Xinhua