Vietnam's garment-textile exports to EU up by 34.6% in Jan-May 2022

The general statistics office (GSO) said that Vietnam’s export expanded despite lingering impacts of the pandemic and the Russia-Ukraine war that have pushed material and fuel costs, a news agency reported.

Vietnam-EU trade exceeded $57 billion last year, an increase of 14.5 per cent year on year as businesses have known how to maximise the deal.

Vietnam is now the EU’s biggest trade partner in the Association of Southeast Asian Nations and among the top 10 largest goods suppliers of the market.

Fibre2Fashion News Desk (DS)