Garment and footwear exporters are hoping that Japanese import orders will increase between now and the end of the year, according to the Viet Nam National Textile and Garment Group (Vinatex).
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Garment and footwear exporters are hoping that Japanese import orders will increase between now and the end of the year, according to the Viet Nam National Textile and Garment Group (Vinatex).
The expectation followed recent falls in the demand of several major markets in the world including the US, the European Union and Japan for similar products in China, the company said.
The Gia Dinh Textile and Garment Corp (Giditex) had recently opened a new production facility with the cooperation of Japan's Tamurakoma Co for making Onward brand products for export to Japan.
In late September, the corporation also met four Japanese enterprises, which are its existing clients, to discuss potentials of increasing contracts next year. The firms included Apron, Tamurakoma, Togashi Hosei and Yamatoya Co Ltd.
The Dong Nai Garment Corp (Donagamex), an affiliate of the Vinatex, had also received a delegation of clients for Japan, according to the company's chairman Bui The Kich.
At the end of last month, this company reached about US$50 million in export turnover with up to $24 million obtained from Japan, a result Kich said to be satisfactory in a context orders were declining in most major import markets.
A representative of the Bac Giang Garment Co (Bagarco) said that the company had good growth for export to Japan at 14 per cent in the first nine months of the year, with major products including jackets, overcoats, jeans and shorts.
The representative said the company wouldn't miss any opportunities to get more orders from Japan, since its export to the market now represented 18 per cent of the total turnover of around $90 million it had targeted for this year.
Viet Nam Leather and Footwear Association Deputy General Secretary Nguyen Thi Tong said that, although seeking contracts were extremely hard this year, enterprises in this sector were taking every opportunity to attract more clients from Japan with declining orders in China.
Phuc Yen Shoes Co's Import-Export Department head Nguyen Chi Toan said, "not all enterprises could seize this opportunity as the Japanese market has very strict standards and complicated distribution systems and requires high trade promotion costs."
(Source: VNS)
