Vietnam has surpassed the Republic of Korea to become the world’s sixth largest fibre and yarn exporter after shipping abroad US$2.37 billion worth of these items in the first five months of 2022.

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.