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Update news vietnam's textile-garment industry
Vietnamese textile, garment and footwear firms must accelerate technological innovation, boost raw material self-sufficiency and move into higher value-added segments of global supply chains to enhance competitiveness and raise localisation rates.
Vietnam’s textile and garment industry is increasingly drawing hi-tech foreign direct investment (FDI), as global producers shift toward greener and smarter production to capitalise on the country’s extensive network of new-generation FTAs.
IDC Director Chu Viet Cuong underlined that automation is becoming an inevitable trend in the global garment industry.
The textile and garment industry has shown clear signs of recovery in 2025, bouncing back after a difficult period of stagnation.
Three garment factories in Vietnam have been awarded grants through the Commuting Safety Challenge, an initiative led by the International Labour Organisation (ILO)’s Vision Zero Fund with support from Nike Inc.
Green production is being enforced more rigorously in the textile sector than in any other industry, requiring a complete overhaul of processes from design and manufacturing to disposal.
To remain globally competitive, Vietnamese garment and textile producers must increase productivity, invest in modern equipment and automation, diversify product lines, and expand into high-end, specialised markets.
According to the Ministry of Industry and Trade, Vietnam’s domestic market is backed by a young population, rising incomes, and growing consumer demand for quality, style, and brand recognition.
Vietnam’s garment industry faces U.S. tariff hike, turning challenges into opportunities.
To meet the ambitious annual target of 47–48 billion USD, the sector must now achieve monthly exports of over 4 billion USD during the remaining months of the year.
Vietnam's textile and footwear sector targets annual export growth of 7.5–8% from 2021 to 2025, with turnover expected to reach 50–52 billion USD by 2025 and 68–70 billion USD by 2030.
The Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) opened at the Saigon Exhibition and Convention Centre (SECC) in Ho Chi Minh City on February 26.
VN's garment and textiles export is projected to hit nearly $44 billion in 2024, positioning the country as the world’s second biggest exporter, only behind India, said General Director of the Vietnam National Textile and Garment Group Cao Huu Hieu.
Vietnam must diversify its textile and garment export markets, especially its heavy reliance on the US market.
Vietnam’s textile and garment industry aims to achieve 47–48 billion USD in export turnover in 2025, according to Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS).
Bangladesh needed only two years to jump into second position in the world in textile and garment exports. Experts believe that to stand among top exporters, Vietnam needs to make investments in green production.
The EU spent nearly US$3.1 billion on importing garments and textiles from Vietnamese suppliers during the initial nine months of the year, up nearly 10% against the same period last year, according to the General Department of Vietnam Customs.
The recovery of Vietnam’s garment-textile sector remains on track and is expected to make breakthroughs in the time ahead, insiders have said.
Numerous textile and garment enterprises are intensifying efforts to green their production processes, aligning with environmental standards and regulations concerning product origin.
Vietnam has scored higher overall than China and Bangladesh in the United States Fashion Industry Association (USFIA)’s recent survey comparing the competitive advantages of textile-exporting countries to the US.