Vietnam’s Trade Ministry has set an ambitious target of nearly $6 billion for exports to the European Union in 2005, a 20% increase on last year’s figures. Between $1.4 billion and $1.5 billion is expected to be generated by textile exports, up by 50% from 2004, and $2.3 billion is to come form the combined exports of leather and footwear, up by 20-25% from the previous year.

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