In 2025, Vietnam’s textile and garment exports are estimated at 46 billion USD, up 5.6% year on year, helping the country remain among the world’s top three textile and garment exporters
Domestic garment and textile enterprises are racing to recruit more labourers, especially skilled workers, to fulfil their orders of high-quality products, according to the Vietnam Textile and Apparel Association (VITAS).
Although Vietnam enjoyed a high trade surplus in the first nine months of this year, numerous difficulties and challenges lie ahead for export activities in the rest of the year, while many large exporters are showing signs of staying still.
The textile and garment industry is forecast to face difficulties in realising its export turnover target of 39 billion USD this year due to unprecedented severe impacts caused by the COVID-19 pandemic.
Export revenue of the garment and textile sector surged 21.2 percent year on year in the first five months of 2021 to about 15.2 billion USD, according to the Vietnam Textile and Apparel Association (VITAS).
Eight Vietnamese garment and textile firms are joining more than 2,00 foreign peers at the 53rd Federal Wholesale Fair of Goods and Equipment for Textile and Consumer Goods Industries (Textillegprom 2019) which is taking place at the All-Russian Exhibition Centre on September 17-20.
Vietnam’s export turnover of garment-textile and leather shoes during January-July grew 10.5 percent year-on-year to 18.34 billion USD, the Ministry of Industry and Trade (MoIT) said on August 9.
The Life and Building Safety (LABS) Initiative was officially launched in Hanoi on August 6 by IDH - the sustainable trade initiative and the Vietnam Textile and Apparel Association (VITAS), aiming to promote safer conditions for factory workers in the apparel and footwear industries.
Vietnam spent almost 11.4 billion USD to import materials for garment and textile production in the first half of the year, up 5.6 percent from the same period last year, according to the Vietnam Textile and Apparel Association (VITAS).
The Vietnam Textile and Apparel Association (Vitas) and the Korea Institute of Industrial Technology (KITECH) jointly held a conference in Hanoi on July 9 to discuss the application of digital technology in the garment sector.
A project is being implemented in Vietnam to improve the eco-friendliness of the local textile-apparel industry, which is a big foreign currency earner of the country but also has considerable impact on the environment.
The Vietnam Textile and Apparel Association (VITAS) has set the industry’s export turnover target this year at 40 billion USD, a 10.8 percent year-on-year increase from 2018.
Garment and textile businesses from Vietnam and the Republic of Korea (RoK) discussed the use of technology in their sector at a garment technology conference held in Ho Chi Minh City on June 27.
