70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Trade - Service
Vietnam’s exports of medical face masks surge over 20% in November
Hai Yen 16:14, 2020/12/22
In total, Vietnamese enterprises exported over 1.3 billion medical face masks in the first 11 months of 2020.

In November, Vietnam exported nearly 173 million medical face masks, representing a rise of 20.6% against the previous month, according to a monthly-report from the General Department of Vietnam Customs (GDVC).

 Production of anti-baterial face masks at Garment 10 Company. 

The GDVC added around 50 companies in Vietnam exported medical face masks tothe US, Europe, Singapore, or South Korea, among others.

This marks an increase in three consecutive months in Vietnam’s face mask export, following a 0.3% month-on-month growth in October.

In total, Vietnamese enterprises exported over 1.3 billion medical face masks in the first 11 months of 2020.

In May, Prime Minister Nguyen Xuan Phuc approved the export of medical face masks and protective gear provided domestic demand and reserves are met.

However, the export turnover of face masks declined in July after the Covid-19 pandemic was gradually contained in many countries. In the domestic market, demand for face masks has also weakened as local people are calmer and more experienced in dealing with the Covid-19 pandemic.

Since September, demand for face masks has sharply risen as countries around the world are struggling with a surge in Covid-19 infections, especially in Europe and the US. As such, many governments have now made it compulsory for people to wear face masks.

Under the growing impacts of the Covid-19 pandemic, face mask production is considered a viable solution for garment companies in Vietnam to maintain operations and offset losses from lower demand for garments. This year, Vietnam’s textile and apparel exports are set to decrease by 10% from 2019 to US$35 billion, in turn falling short of the US$42-billion garment export target.

RELATED NEWS
TAG: Vietnam medical face masks covid-19 coronavirus nCoV pandemic United States europe infections garment textile
Other news
16:27, 2024/04/19
Vietnam among Asia-Pacific's fastest growing economies: FedEx
The Southeast Asian market is growing faster than many other regions worldwide.
15:49, 2024/04/17
Vietnam’s stock market remains attractive investment channel: Expert
Given favorable macroeconomic conditions, combined with the expected rate cut by the Federal Reserve (Fed), the stock market is believed to experience strong growth.
15:19, 2024/04/16
Cuba appreciates Vietnam’s support in food and fisheries production
Both sides aim to further promote trade, investment relations, and cooperation in areas of mutual interest, such as agriculture, construction, education, pharmaceuticals, science and technology, among others.
12:38, 2024/04/13
Vietnam, China to step up cooperation strategy for mutual development
Both sides are expected to build a bridge over the Red River in the border area of Bat Xat, Lao Cai (Vietnam), and Ba Sai, Yunnan (China), among other initiatives.
17:04, 2024/04/12
PM orders urgent measures to address volatile gold prices
The measures are aimed at ensuring a stable and efficient gold market.
17:58, 2024/04/10
Vietnam earns US$1.4 billion from rice exports in Q1
Vietnam is targeting $5 billion in rice exports this year. The country currently ranks third in the world in terms of rice exports.