Vietnam spinning serve for the government to aid exporters in degrees of difficulties

  According to the Vietnamese state media reports, Vietnam of textiles and clothing exporters ask the government aid, overcome the difficulties that the recession. Vietnam's clothing exporters suggest, the government ought to be in Vietnam textile group (Vinatex) with industry PeiChun area, vice minister of the meeting held consider three assistance programs. The first solution is difficult to export assistance for those facing or consider firing business unit workers, Vietnam textile clothing association President LiGuoAn said. He suggested that took out the total clothing export income of 1% for investment.
The second option is to come up with 5 trillion Vietnam shield ($295.85 million) on exporters bank credit subsidy. LiGuoAn said the bank provide credit rate dropped to 12% recently, but in the circumstance of economic recession this is still very high.wholesale sunglasses The third plan is based on 50 billion Vietnam shield ($2.95 million) of the price in the international market to promote Vietnam textile and clothing industry. Vietnam main clothing market is the United States, the European Union and Japan. PeiChun area confirmed that the government will support the textile and apparel industry, because he is the major foreign exchange income department. In fact, in crude oil prices fell after, textiles have replaced oil become the nation's largest export income department, last year's exports reached us $9.1 billion.
Textile and clothing industry and can produce more than any other industry of obtain employment, trade industry will submit to the government the three schemes, seeking approval. LiGuoAn said, Vietnam's garment production units of export orders less than last year. Foreign company although order more than local, but they have been worst hit, LiGuoAn said. In this year's first quarter, foreign companies order goes down 30%. Many foreign company layoffs, and closing factories, because in major markets, such as the United States, Japan and the European Union economic recession.LiGuoAn predict the first quarter of this year, export will be 15% year-on-year drop.PeiChun area said, faced with many difficulties, the costume department is not set this year, $9.5 billion or $11.5 billion export target.