GREAT PROSPECTS OF TEXTILES VIETNAMESE
Experts in the field of trade believe that in the coming months, Vietnam will be able to break into the markets of the European Union (EU) and the United States, provided that the imports of textile products from China will be limited. Recall, after the abolition of quotas 1 January 2005 imports of Chinese textile industry in the U.S. and the EU countries increased significantly. Only in January and February of this year, China had imported goods worth $ 2,307 million. By mid-April amounted to 3,806 million euros.
In general, by this time the markets of the EU and the United States received 1,706 million units of Chinese goods. Industry representatives believe that only by limiting imports of Chinese textiles Vietnam can increase its exports of textile products in the U.S. and the EU. During the 1st quarter of this year, the country exported textile to the amount of $ 950 million, which is 6.1% less than the same period in 2004
