Vietnam’s textile and apparel sector is aiming to climb up the value chain, but export and distribution networks remain fundamental flaws.
VOV.VN - Despite enduring numerous difficulties, the garment, textile and leather footwear sectors raked in US$71 billion last year, according to details given by the Vietnam Textile and Apparel Association (Vitas).
Textile and garment exports may reach US$47 - US$48 billion in the positive scenario for 2023 and US$45 - US$46 billion in the lower-case scenario, said the Vietnam Textile and Apparel Association (VITAS).
VOV.VN - The Vietnam Cotton Day 2022 is scheduled to get underway on October 4 in Ho Chi Minh City to introduce a range of fashionable products using cotton materials from the US and to seek solutions relating to sustainable development and traceability for local apparel firms.
VOV.VN - Vietnamese textile and garment exports surged by 24.3% to over US$26 billion during the first eight months of the year, with the export value of the products reaching US$4 billion for the first time in August alone, according to data given by the General Department of Vietnam Customs.
VOV.VN - The nation’s export turnover exceeded US$200 billion during the initial seven months of the year, with apparel products being one of the key export items.
VOV.VN - The Vietnamese textile-garment industry is set to earn up to US$21 billion from exports in the second half of the year, raising annual total shipments to between US$42 billion and US$43.5 billion.
Textile and garment export turnover in the first six months of 2022 is estimated to increase 23% on-year to about US$22 billion, reaching the highest level ever, according to the Vietnam Textile and Apparel Association.
VOV.VN - The German newspaper Finanzmarktwelt (Financial Market World) has recently published an article highlighting the nation’s move to fully open up activities following the COVID-19 pandemic, with all industries showing signs of recovery.
VOV.VN - Local processing and manufacturing industry enterprises have gradually adapted and quickly found ways in which to maintain production and resume smooth supply chains amid ongoing complications caused by the COVID-19 pandemic.