Industry

Vietnam Faces Indonesian Trade Sanction Threat

July 11, 2024

The Vietnam Trade Office in Indonesia has issued a cautionary notice to Vietnamese businesses regarding potential trade sanctions, particularly targeting textiles and garments, amidst challenges faced by Indonesia’s textile industry. Indonesia has seen a decline in export orders and the

Export

Vietnam Apparel Exporters Should Explore New Markets: VITAS

Textile Insights April 10, 2024

To beat the challenge of the Red Sea crisis, a top official of a Vietnam textile and garment association advised apparel exporters to diversify markets beyond Europe. “Tensions in the Red Sea are a bottleneck for the textile and garment industry when exporting to the European market,” Vu Duc Giang, Chairman of the Vietnam Textile […]

Export

Vietnamese Textile & Apparel Exports Grow 9.62% In Jan-March

Textile Insights April 4, 2024

In the first quarter of 2024, exports from the Vietnamese textile and garment industry reached US $9.53 billion, an increase of 9.62 percent over the same period of previous year. The industry has set a target of reaching $44 billion in textile and apparel exports, up 9 percent compared to 2023 and if exports to […]

Export

Vietnam Textile & Apparel Exports Optimistic Of Reaching Target

Textile Insights March 26, 2024

The Vietnamese textile and garment is witnessing a rise in export orders since the beginning of this year and so is optimistic about achieving target of US $44 billion in exports this year. A majority of textile and garment exporters have reported that they have in hand production orders in hand till May 2024. Experts […]

Export

Vietnam’s Textile & Apparel Exports Up 15% In Jan-Feb 2024

Textile Insights March 9, 2024

Vietnamese exports of textiles and garments totaled US $5.2 billion in the first two months of the ongoing year, which is an increase of 15 percent over the same period last year. According to a Vietnamese expert, the growth has been achieved due to the momentum in orders from key export markets since December 2023. […]

Export

Vietnamese Textile & Apparel Exports Post Impressive Turnaround

Textile Insights February 26, 2024

Textile and garment exports from Vietnam reported a remarkable turnaround in the month of January 2024 Vietnamese textile and apparel exports totaled US $3.13 billion in the first month of ongoing year, a significant increase of 39 percent over the same month of previous year. “In January, the US continued to be Vietnam’s largest textile […]

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 Garment 10 Corporation JSC said […]

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

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 […]