Vietnam'S Textile And Garment Industry Hopes The Government Will Help.
As report goes, Vietnam textile and clothing Manufacturers are asking the government to reduce export orders in the global market. economic slowdown During the difficult times, they helped, including providing us $295 million in credit subsidies.
Last year, the textile industry took the place of the crude oil industry and became the largest export earning partner in Vietnam, earning 9 billion 100 million dollars for Vietnam. Vietnam textile and clothing Le Quoc An, the president of the association, said at a conference that Vietnam's textile exports decreased by 15% in the first quarter of this year as a result of slowing economic growth.
Facing the world economic slowdown The textile industry has proposed three measures to the government: to provide 5 trillion Vietnamese Dong (295 million dollars) bank credit subsidy to exporters because the bank interest rate is too high; 1% of the total garment export revenue is used to subsidize those workers who export difficult enterprises or intend to subsidize them. Layoffs Employees of the enterprise, and 50 billion Vietnamese Dong (2 million 900 thousand US dollars) are allocated to promote Vietnamese textile and apparel sales in the international market. But trade minister Bui Xuan Khu said the Ministry of trade will submit a measure to help the textile industry to the government.
Last year, the textile and garment industry created more jobs for Vietnam than any other industry.
Editor: vivi
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