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 free trade agreements (FTAs).
VOV.VN - Facing shrinking orders and rising costs, Vietnam’s textile and garment industry is accelerating restructuring, diversifying markets and investing in technology to sustain production.
The SaigonTex – SaigonFabric 2026, an international exhibition on textile and garment industry equipment, materials and fabrics, opened on April 8 in Ho Chi Minh City.
VOV.VN - Vietnam’s textile and garment industry still boasts huge potential to increase product value in 2026 as the sector moves beyond large-scale contract manufacturing toward higher-value segments supported by automation and customer data.
VOV.VN - Vietnam’s textile industry is on a strong recovery path, with exports projected to reach US$46 billion in 2025, marking a 5.6% increase compared to 2024.
Vietnam’s textile industry has found itself in a tight stitch as the Eurasian Economic Union (EAEU) implements safeguard measures on Vietnamese textiles and garments, effective for six months.
VOV.VN - As global demand for Vietnam’s textile and footwear exports becomes increasingly volatile, the domestic market is seen as a major opportunity if it is fully tapped, said industry insiders at a conference held in Ho Chi Minh City on August 22.
VOV.VN - A representative from the Vietnam Textile and Apparel Association (Vitas) has provided insights into the current situation and proposed solutions in response to the 46% reciprocal tariff that the US is set to impose on goods imported from Vietnam.
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).
VOV.VN - The Vietnam International Garment and Textile Industry Exhibition (VTG 2024) kicked off in Ho Chi Minh City on September 25, attracting the participation of more than 380 enterprises from 12 countries around the world.