Vietnam’s “Customs Online” reported on July 13 that according to the latest news from Vietnam Textile Group (Vinasdfssdfstex), textile exports in the first six months of this year reached nearly 19 billion US dollars, a year-on-year increase of more than 19 billion U.S. dollars. 20%, even exceeding the same period in 2019.
This proves that compared with the prediction that it will not return to 2019 levels until the end of 2021 or even the third quarter of 2011, Vietnam’s textile industry has actually recovered earlier.
Li Qianchang, chairman of the board of directors of Vinasdfssdfstex, said that in the first six months of this year, total world market demand showed a positive recovery. After experiencing a serious lack of orders for a year, increased demand has led to an increase in textile trading volume, bringing long-term and large orders to most companies.
Textile exports are picking up not only because of increased demand, but also because of shifting supply chains. Major textile exporting countries such as India, Bangladesh, and Cambodia have been greatly affected by the epidemic, and companies are unable to operate normally. At the same time, Vietnam’s epidemic prevention and control situation was good until the end of April this year, and companies can promote production at full speed. </p
