The proportion of textile and garment factories that have closed due to the COVID-19 pandemic has reached 30-35%, according to the Vietnam Textile and Apparel Association (Vitas).

President Nguyen Xuan Phuc has commended the textile and garment sector for achieving growth and caring for its workers amid the COVID-19 pandemic.

VOV.VN - The newswire fashionunited.de. has run an article to highlight that Vietnam has overtaken Bangladesh as the world’s second largest exporter of ready-made garments (RMG).

Vietnam’s garment-textile export turnover hit nearly US$19 billion in the first six months of 2021, up more than 20% year-on-year.

Vietnam's footwear exports brought home US$11.27 billion from the start of the year to July 15, a year-on-year surge of 28.36%, according to the General Department of Vietnam Customs.

With many local textile-garment makers unable to confirm when they can resume operations, many of their foreign business partners are switching orders from Vietnam to other countries.

VOV.VN - The country recorded a trade deficit of more than US$3 billion between the beginning of the year and mid-July, according to details given by the General Department of Vietnam Customs.

VOV.VN - Vietnam’s import-export value stood at US$288.68 billion between the beginning of the year and mid-June, with a trade deficit reaching US$1.96 billion, according to figures provided by the General Department of Vietnam Customs.

Despite COVID-19 cutting into demand for textiles and garments, enterprises have poured investment into materials to improve production capacity, completing the supply chain and taking advantage of new generation free trade agreements (FTAs) that have come into effect.

VOV.VN - China is anticipated to become a major market for Vietnamese garments and textiles moving forward due to the country facing numerous challenges when exporting items to the United States, the EU, and Japan this year.