Export

Vietnam Textile Sector Faces Order Slowdown Despite Export Growth

Textile Insights June 1, 2026

Vietnam’s textile and garment industry is facing mounting challenges despite posting export growth in the first four months of 2026, with second-quarter orders projected to decline by 20–25 per cent, raising concerns over a potential slowdown in the months ahead. According to the Vietnam

Sustainability

EU Sustainability Rules Push Vietnam’s Textile Industry Towards Green Transition

Textile Insights May 21, 2026

Vietnam’s textile and apparel industry is accelerating its shift towards sustainable manufacturing as tightening environmental regulations in the European Union reshape export requirements for global suppliers. With the EU remaining one of Vietnam’s largest export markets, textile and footwear manufacturers are increasingly focusing on circular production models, lower

Economy

World Bank Sees Vietnam GDP Growth At 6.8% In 2026

Textile Insights May 21, 2026

Vietnam’s economy is expected to maintain strong growth momentum in 2026 despite increasing global uncertainties, supported by resilient exports, investment activity and ongoing structural reforms, according to the latest economic update released by the World Bank. The World Bank projected Vietnam’s GDP growth at 6.8% in 2026 following an estimated expansion of 8% in 2025,

Export

Vietnam’s T&A Industry Aims US$ 48 Billion In Exports By 2025

Textile Insights November 22, 2024

Vietnam’s T&A industry aims to achieve US$ 47-48 billion in export turnover by 2025, according to Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS). The announcement was made during a press conference hosted by the Voice of Vietnam. The ambitious target builds on the sector’s strong performance in 2024, with export […]

Industry

Vietnam’s Textile Workers Earn Higher Wages Than Global Average

Textile Insights October 9, 2024

According to a VNDirect Securities report, Vietnam’s textile and apparel industry is making strides towards sustainable development as consumer demand for eco-friendly products rises. Companies are focusing on green production processes by using recycled fabrics, green materials, renewable energy and wastewater treatment. Global fashion brands are increasingly prioritizing

Industry

Vietnam’s Textile Industry: Recovery Amid New Challenges

Textile Insights September 26, 2024

Vietnam’s textile and garment industry is seeing a strong recovery, with export turnover reaching US$ 4.3 billion in August and USD 28.3 billion in the first eight months of 2023, a 6.2% year-on-year rise, according to VITAS. VITAS Chairman Vũ Đức Giang highlighted that the surge in orders, driven by global disruptions like the US-China […]

Export

Vietnam Secures Textile Orders Through 2024

Textile Insights September 5, 2024

According to the Vietnam Textile and Apparel Association (VITAS), several textile companies in Vietnam have secured orders through the end of 2024 and are already negotiating deals for the upcoming year. Key export markets such as the U.S., Japan, South Korea, and China have shown positive growth, contributing to a significant rise in export turnover. […]

Export

Vietnam Garment Exports Rise, Challenges Remain

July 18, 2024

The garment and textile industry anticipates robust growth in the latter half of 2024, driven by increasing orders and improving consumer demand. Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association, expressed optimism as many enterprises have secured orders for October and November. This positions them to strive towards meeting the export target […]

Economy

Vietnam Advances Green Tech In Textile Industry

June 19, 2024

Five innovative pilot projects showcasing green technologies for Vietnamese textile and garment exporters were unveiled at the ‘For a Sustainable Garment and Textile Industry in Vietnam’ exhibition held in Hanoi on June 17. This event is part of the ‘Green Tech Landing Pad’ initiative, supported by the German government and implemented

Industry

Added Value in Vietnam Textile & Garment Sector Very Low

Textile Insights January 2, 2024

Although Vietnam is a major textiles and garment exporter, the added value in the industry is very low compared to the potential of the industry. Exports of textiles and apparels are expected to reach around US $40.3 billion in 2023 for which, imported raw materials and accessories accounted for nearly 58 percent or $23.2 billion. […]