Home Economy

Bac Giang pins high hopes on apparel sector

Nov 15th at 14:11
15-11-2014 14:11:36+07:00

Bac Giang pins high hopes on apparel sector

The northern province of Bac Giang aims to earn US$980 million from garment and textile exports by 2015, according to its master plan for developing the sector.

In the 2014-15 period, Bac Giang's apparel sector targets production value of VND3.65 trillion (US$171.55 million) and annual growth of 18.1 per cent.

The sector hopes to employ over 8,800 new labourers in 2015, raising its total workforce to 50,000.

Under the plan, production value would grow by 15 per cent to VND7.34 trillion in the 2016-2020 period and reach VND11.8 trillion by 2025. Annual export earnings would be $1.97 billion by 2020 and $3.3 billion by 2025.

bizhub

MOST READ

NEWS SAME CATEGORY

Public debt remains within NA limit
ECONOMY Nov 15th at 14:07

Public debt remains within NA limit

Viet Nam's public debt remained within the limit approved by the National Assembly, Deputy Minister of Planning and Investment Dao Quang Thu said yesterday.

VN eyes German market openings
ECONOMY Nov 15th at 14:02

VN eyes German market openings

The Viet Nam-European Union Free Trade Agreement, which is expected to be signed soon, will provide Vietnamese businesses with huge opportunities to deeply...

Vietnam introduces ‘single-door’ customs clearance mechanism
ECONOMY Nov 14th at 14:28

Vietnam introduces ‘single-door’ customs clearance mechanism

Vietnam on Wednesday unveiled a simplified customs procedure at three international seaports, claiming it will help cut customs clearance time by up to four days.

Three German agencies open joint office in HCMC
ECONOMY Nov 14th at 14:22

Three German agencies open joint office in HCMC

The German Agency for International Cooperation (GIZ), German development bank KfW Group, and the Federal Institute for Geosciences and Natural Resources (BGR) on...

Garment companies brace for fierce competition from foreign firms
ECONOMY Nov 14th at 14:16

Garment companies brace for fierce competition from foreign firms

Vietnamese garment companies now live with the fear that they may be dislodged from the home market by foreign investors who have been flocking to Vietnam to take...

Enterprises anticipate lackluster Tet season
ECONOMY Nov 14th at 14:14

Enterprises anticipate lackluster Tet season

A modest 5-10 percent growth rate expected in sales for the upcoming Tet holiday, instead of the 20-30 percent of previous years, has caused suppliers to scale back...

Yusen Logistics opened new centre in Haiphong
ECONOMY Nov 14th at 14:13

Yusen Logistics opened new centre in Haiphong

Yusen Logistics, a subsidiary company of Yusen Group Japan, this week opened a new logistics center in the northern port city of Haiphong, aiming to tap the rising...

Gyeongsangnam-Do (South Korea) and SMEs- TAC ink deal
ECONOMY Nov 14th at 14:11

Gyeongsangnam-Do (South Korea) and SMEs- TAC ink deal

South Korea’s Gyeongsangnam-Do recently inked a deal with the assistance centre for small and medium-d enterprises in the south of Vietnam (SMEs –TAC) in a bid to...

Deputy PM urges speed on one-stop border shop
ECONOMY Nov 14th at 14:00

Deputy PM urges speed on one-stop border shop

Deputy Prime Minister Nguyen Xuan Phuc yesterday told authorities in the central province of Quang Tri to speed up work on an one-stop-shop model at the border gate...

Businesses still struggle to cut through red tape
ECONOMY Nov 14th at 13:58

Businesses still struggle to cut through red tape

More than 20 per cent of the central city's 15,000 businesses complained of arduous delays or informal charges to access information regarding licences for land...

Read More

MOST READ

Back To Top