Vietnam’s garment and textile exports exceeded US$17.58 billion in the first five months of 2025, up 9% compared to the same period last year.

VOV.VN - Garment and textile exports during the opening two months of the year reached US$5.634 billion, up 9.3% against the same period last year, according to the General Statistics Office (GSO).

Vietnam's textile and garment industry has fulfilled its US$44-billion export turnover target in 2024, an increase of over 11% compared to 2023, thanks to efforts in market diversification, technological innovation, and effectively capitalising on the shift in orders.

Vietnam’s garment and textile industry needs to develop a closed-loop supply chain with a focus on obtaining self-sufficiency in raw materials in order to meet the rules of origin under the UK – Vietnam Free Trade Agreement (UKVFTA) for expanding exports to this market.

Vietnam has so far attracted 3,500 foreign direct investment (FDI) projects in the garment - textile industry with a combined value of US$37 billion, according to the Vietnam Textile and Apparel Association (VITAS).

Although the garment and textile industry is witnessing new export growth, the sector still faces challenges due to increasing market and customer demands, requiring them to leverage the industry’s position in the world market, according to experts.

The recovery of Vietnam’s garment-textile sector remains on track and is expected to make breakthroughs in the time ahead, insiders have said.

VOV.VN - Vietnamese garment and textile exports to the EU recovered slightly during the first half of the year, with turnover reaching more than US$1.9 billion in the reviewed period, according to statistics released by the General Department of Vietnam Customs.

VOV.VN - With US$54.3 billion in export earnings, the US represented Vietnam's largest export market in the first half of 2024, and exports to the highly lucrative market are forecast to see continued growth in the time ahead.

Experts gathered at a forum in Ho Chi Minh City on April 25 to seek ways to untangle knots in terms of capital and market for exporters in the context that the ongoing conflicts in many regions are disrupting international trade.