Business

Vietnam’s garment-textile industry stitching a greener, smarter future

Supported by 17 next-generation free trade agreements (FTAs) already in effect, the industry is poised for further growth, targeting 48 billion USD in export revenue this year.

A garment factory in Dong Nai province (Photo: VNA)
A garment factory in Dong Nai province (Photo: VNA)

Hanoi (VNA) – Vietnam, the world’s second largest garment-textile exporter, is betting on green fabric to cement its place in the global supply chain.

According to Chairman of the Vietnam Textile and Apparel Association (VITAS) Vu Duc Giang, many Vietnamese enterprises are already weaving eco-friendly materials like organic cotton, recycled polyester, and Tencel. This aligns with global trend as major global brands operating in Vietnam have committed to achieving net-zero carbon emissions by 2050 under the Fashion Industry Charter for Climate Action.

Beyond sustainability, the sector is harnessing advanced technology in design and production. Investors are working to optimise production capacity, streamline supply chains, and improve product quality to stay competitive in both domestic and global markets.

Between now and 2030, the focus will gradually shift from rapid growth to a sustainability-driven, circular business model. By 2031-2035, the goal is to fully integrate Vietnam into a circular economy, strengthen its domestic value chain, and secure a high-value position in the global supply chain.

To such end, Vietnam is investing in sci-tech, upskilling the workforce, and developing hi-tech textile and dyeing projects in industrial zones. Plans also include expanding the production of natural, eco-friendly materials, accelerating digital transformation, and building a robust fashion ecosystem with globally and regionally recognised brands.

With over 7,000 apparel companies employing more than three million workers, Vietnam’s garment-textile industry is a true powerhouse. Up to 80% of its production capacity is dedicated to exports, while the remainder serves domestic consumption. Last year alone, Vietnam’s apparel exports reached nearly 44 billion USD, up 11.26% annually. This achievement solidifies Vietnam’s position as the world’s second largest garment-textile exporter, behind only China.

Supported by 17 next-generation free trade agreements (FTAs) already in effect, the industry is poised for further growth, targeting 48 billion USD in export revenue this year./.

VNA
#Vietnam Textile and Apparel Association #Fashion Industry Charter for Climate Action #garment #textile #net-zero emissions #FTAs Vietnam
Follow VietnamPlus

Post-pandemic recovery

Green transition

Related News

Textile and garment firms have enjoyed a more robust business result on the back of an increase in orders. (Photo: VNA)

Apparel firms enjoy better business on rising orders

Textile and garment firms have enjoyed a more robust business result on the back of an increase in orders which helped the sector gain 16.52 billion USD in export revenue in the first half of this year, up 4.6% year-on-year, according to the Vietnam National Textile and Garment Group.

See more

The passengers boarding the first flight from Taiwan to Quang Binh at Dong Hoi Airport (Photo: VNA)

Quang Binh province welcomes first flight from Taiwan

These international flights, the first of their kind, marked a significant milestone for the Dong Hoi airport, particularly following its designation as one of three domestic airports authorised to process foreign passengers' arrivals and departures using electronic visas.

The second branch of the Vietnam-Germany Friendship Hospital – a project deemed causing massive waste (Illustrative Image - Source: VNA)

PM orders urgent reviews, reports of delayed investment projects

The dispatch highlights that ministries, sectors, and localities involved must intensify their efforts to resolve these stalled investment projects in a bid to accelerate socio-economic development and prevent waste of state, business, and public resources.

At the signing ceremony of the 25-year production sharing contract (PSC) for oil and gas exploration in Block 15-2. (Photo: VNA)

Vietnam, Japan forge 25-year oil and gas partnership

Son noted the Block 15-2 contract is a crucial step after the 2022 Law on Oil and Gas took effect, urging contractors to carry out their commitments to maximise the productivity of the block as well as enhance oil recovery rate – an important task to ensure energy security.

Phuoc An port receives the inaugural SITC container vessel. (Photo: VNA)

Phuoc An port welcomes first SITC container vessel

As the largest seaport in Dong Nai, it includes a 160-hectare terminal area with a total berth length of over 2,800 metres, featuring nine container berths capable of handling vessels up to 100,000 DWT. Upon full completion, the port will have an annual capacity of handling 7 million TEUs.

Production at a FDI firm in Dong Nai province (Photo: VNA)

Dong Nai’s Q1 FDI attraction nears yearly target

The southern province of Dong Nai attracted 927 million USD in foreign direct investment (FDI) in the first quarter of 2025, including 407 million USD was invested in 29 new projects, and more than 520 million USD went to existing ones.

Experts have believed that VAT reduction will stimulate consumption. (Photo: VNA)

Proposed VAT reduction expected to boost consumption, businesses' growth

The proposed cut would apply to goods and services currently subject to a 10% VAT rate, lowering it to 8%, except for sectors such as telecommunications, finance, banking, insurance, real estate, metals, and mining (excluding coal), as well as goods and services subject to special consumption tax (except petrol).

At the groundbreaking ceremony (Photo: VNA)

Construction begins on Vietnam – China cross-border bridge

The project has a total investment capital of 1.5 trillion VND (58.6 million USD). The main bridge spanning the Red River is a low-tower cable-stayed design consisting of three spans, with a total length of 230 metres and a width of 35 metres.

ASEAN has rapidly become one of the world’s most promising destinations for investment and business. (Photo: asean.org)

ASEAN opens doors for Danish businesses

Vietnamese Ambassador to Denmark Luong Thanh Nghi reiterated Vietnam’s and ASEAN’s shared dedication to improving the investment climate, ensuring the region remains a prime destination for global businesses, including those from Denmark.

Vietnam Airlines launches a new direct route connecting Bangkok and Da Nang. (Photo: VNA)

Vietnam Airlines launches new Bangkok – Da Nang route

Manager of Vietnam Airlines’ Thailand branch Ngo Tri Hung said that the new Bangkok – Da Nang route marks a bold step of the airline in linking the two vibrant and promising tourism markets, helping bolster tourism cooperation between the two countries.

Production at an FDI firm in Phu My 3 Intensive Industrial Park (Photo: VNA)

Vietnam strengthens position as attractive destination for FDI capital

According to the National Statistics Office, total registered FDI in Vietnam reached nearly 6.9 billion USD in the first two months of 2025, or a 35.5% increase as compared to the same time last year. Disbursed capital was estimated at 2.95 billion USD, up 5.4% year-on-year.

The Thanh Hoa Provincial Forest Protection Department, in coordination with the forest rangers at Xuan Lien National Park, conducts a patrol to protect the forest. (Photo: VNA/VNS)

Vietnam’s forestry sector poised for breakthrough growth

As one of the three pillars of the agricultural sector, alongside livestock and fisheries, forestry is being developed, not only with a focus on sustainability but also as a multi-objective industry that maximises its economic, environmental and climate resilience contributions.

Delegates at the ground-breaking ceremony of the Victory Giant Technology Vietnam factory in Bac Ninh province. (Photo: VNA)

Work begins on two hi-tech factories in Bac Ninh province

Since the beginning of this year, Bac Ninh has attracted approximately 1.45 billion USD in foreign direct investment (FDI). To date, the province has granted investment registration certificates to over 2,400 valid FDI projects, with a total registered capital of 31.3 billion USD, ranking 7th nationwide in terms of investment attraction