Vietnam garment exports up 23 pct

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Vietnam's garment and textile exports rose 23 percent to US$9.1 billion in the ten months through October, well on course to achieve the 2010 target, the government said in a report on its website.

The country, which is in the top ten list of largest garment and textile exporters, has set this year's target at $11 billion.

The report, published on Friday, said the rise in exports was partly due to the government's support and promotion efforts undertaken by the Vietnam Textiles and Apparel Association.

Speaking at a meeting of the association on Thursday, Deputy Prime Minister Nguyen Sinh Hung said the local garment and textile industry has already overcome many difficulties, contributing a large part to the country's exports and creating many jobs.

According to a plan for the next five years announced by the association at the meeting, the industry will try to be more competitive and become one of the spearhead sectors of the economy.

Under the plan, the industry's exports will reach $20 billion in 2015, with 60 percent of the materials supplied by local companies.

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