Export

Vietnamese Textile & Apparel Sector Sees Growth In Export Orders

Textile Insights February 21, 2024

The Vietnamese textile and apparel industry is seeing a rise in orders from its major export markets and so is optimistic about the reaching export target of US $44 billion set for 2024. A majority of exporters have reported that they have received orders for production until May 2024. The

Export

Vietnam Textile & Garment Exports Expected To Prosper In 2024

Textile Insights January 15, 2024

Vietnam’s textile and apparel exports to the US market are expected to prosper in 2024, as Vietnamese textile and garment exporters already have orders in hand till end of first quarter of 2024. According to a VinaCapital Group report, export orders are expected to rise in 2024, as inventories with US clothing brands and retailers […]

Export

2023 Most Difficult Year For Vietnam Textile & Garment Exports

Textile Insights January 8, 2024

2023 has been the most difficult year for textile and garment exports in the past 29 years. This was said by Cao Huu Hieu, Director of Vietnam Textile and Garment Group (Vinatex). Hieu said this while addressing a press conference while summarising the developments in the Vietnamese textile and apparel industry in 2023. Hieu added […]

Export

Vietnamese Textile & Clothing Exporters Seek Govt Assistance

Textile Insights December 29, 2023

The Vietnamese textile and garment export sector which has been witnessing a declining trend since the beginning of this year is seeking assistance from the government to navigate the challenges. “Textile and garment exports started slowing down in the final months of 2022, and there haven’t been any signs of improvement,” Le Tien Truong, Chairman […]

Export

Vietnam Apparel Exporters Yet To Unlock Full Benefits Of FTA’s

Textile Insights December 27, 2023

Vietnam’s textile and apparel sector has not been able to fully unlock the full potential and benefits of the free trade agreements (FTAs), which it has signed with several countries and regions. In order to address the challenge, the Vietnamese Ministry of Industry and Trade (MoIT) is leveraging connections between ministries, association and industry stakeholders. […]

Export

TNG Textile Amid Few Vietnamese Firms To Hit 100% Export Target

Textile Insights December 25, 2023

Vietnamese textile and garment manufacturer, TNG Textile announced that it has crossed its revenue target for 2023 ahead of schedule and may be the only Vietnamese textile company to do so. The company which had set targeted revenue of VND 6,800 billion completed the target by mid-December, primarily due to bagging new buyers like Walmart, […]

Export

2024 Vietnamese Textile & Garment Export Target Set At $40bn

Textile Insights December 1, 2023

The Vietnamese textile and garment industry has set a target of exporting textiles and apparels amounting to US $44 billion for the next year. This was informed by Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS) at a press conference. This ambitious target has been set in the background of textile […]

Export

Vietnam-Made Textiles & Apparels Shipped To 104 Countries

Textile Insights November 25, 2023

This year, Vietnam-made textile and garments were exported to a total of 104 countries, despite a decline in export turnover. This was informed by Vũ Đức Giang, Chairman of Việt Nam Textile and Apparel Association (VITAS) and reported by Vietnam News Agency. “This demonstrates efforts of the exporters to diversify markets amid drop in consumption […]

Export

Vietnam’s Textile & Apparel Exports Down 5.04% In October

Textile Insights November 18, 2023

Vietnam’s textile and apparel exports totaled US $2.566 billion in October 2023, down 5.04 percent year on year and a marginal 0.06 percent month-on-month. In the first ten months of the current year, Vietnamese textile and garment exports reached $27.67 billion, a year-on-year decline of 12.9 percent. In October, yarn exports were 162,700 tons, an […]

Export

Vietnam Textile & Apparel Exports Slip 14.4% Between Jan-Aug

Textile Insights October 13, 2023

In the first eight months of the current year, Vietnamese textile and apparel exports slipped 14.4 percent year on year to US $22.5 billion. However, for the month of August alone, they rose by 5.5 percent over the same month of previous year to $3.4 billion. Of overall textile and apparel exports, those to the […]