Analyst Pin-board: STK – 2019 AGM Update
2018 closed a successful year for Vietnam’s textile and garment industry when export turnover recorded a growth rate of 16.4% YoY. This is the highest growth in the last 4 years, reached USD 36.2 bn, and over USD 2.2 bn compared to the guidance. In particular, the value of garment export turnover, fabric, fiber and raw materials recorded a double-digit growth rate over the same period (textile: + 14.4% YoY, fabric : + 25.5% YoY, fiber: + 9.9% YoY, raw materials: + 14.6% YoY).
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