Export orders from Vietnamese textile and garment enterprises increase

According to Vietnam’s “Investment News”, the Vietnam Textile and Garment Association said that Vietnam’s textile and garment export enterprises are currently operating in good conditions. Although it is only the third quarter, many companies have obtained export orders for the whole year, and export prices have increased by 15% year-on-year. Some companies even signed export orders for 2011. For example: Vietnam TNG Trade and Investment Company signed an order worth US$45 million with an American company; companies such as Yapi and Yue Jin are negotiating with their partners for export contracts in 2011.