A year since Vietnam reopened after a global pandemic, the country has seen trade recovering strongly.

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).

The textile and garment sector has predicted that difficulties will remain for its exports in the first half of 2023, but there are also silver linings it can pin hopes on.

VOV.VN - Both the Vietnam Saigon Textile and Garment Industry (SaigonTex) and the Vietnam Saigon Fabric & Garment Accessories Expo 2022 (SaigonFabric) officially opened on July 27 in Ho Chi Minh City.

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.

Vietnamese goods are benefitting from better quality, diverse designs and competitive prices to establish their place on the domestic and global markets.

Vietnam reported a year-on-year surge of 23.5% in textile and garment exports to earn US$18.7 billion in the first five months of this year in the midst of lingering market uncertainties coupled with rising prices of inputs.

National Assembly Chairman Vuong Dinh Hue on February 8 urged the Vietnam National Textile and Garment Group (Vinatex) to pay more attention to building the Vietnamese brand and increasing the added value of the country’s garment and textile products.

VOV.VN - The fibre industry achieved an export turnover of US$5.5 billion for the first time in 2021, up 13% in volume and 50% in value thanks to advantages in terms of increased yarn prices and numerous orders.