The trade agreement, signed on May 31, paves the way for Vietnam to join the World Trade Organization (WTO), giving it access to the organization’s 150 members.From May 29 to June 8, Vietnam’s enterprises exported US$190 million worth of textile and apparel goods, accounting for 43 percent of entire revenues in June 2005Meanwhile, the industry imported materials worth $160 million, recording sharp growth The US remained the top buyer of Vietnamese textiles and garments while Belgium was the fastest growing market in 2006, the Ministry of Trade has reported Shipments to the US in the first five months were worth $877 million and to Belgium 35 percent higher year-on-year.

Date:6/17/2006

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Newer Thai Textile exports are likely to grow at 4-5%
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Older Chinese textile exports are stable in 2006