VOV.VN - The local textile and garment sector is anticipated to bounce back during the third quarter of 2022, according to Le Tien Truong, chairman of the Vietnam National Textile and Garment Group (Vinatex).

VOV.VN - Vietnamese export turnover to the United Arab Emirates (UAE) soared by roughly 60% to approximately US$737 million during the past two months, with imports enjoying a surge of 44% to US$72 million, according to data released by the Vietnamese Trade Office in the UAE and Qatar.

The textile and apparel industry, which managed to survive three waves of COVID-19 thanks to its decision to produce face masks and personal protective equipment, will focus on sportswear and yarn, according to the Vietnam National Textile and Garment Group.

VOV.VN - Amid complicated developments by the COVID-19 pandemic, local textile and apparel firms have been forced to change their business mindset, boost connectivity, expand into new markets, and maximise the benefits from free trade agreements (FTAs) to meet this year’s export target of US$39 billion, according to insiders.

VOV.VN - Vietnam’s import-export turnover from the beginning of the year to February 15 reached over US$74 billion, with the country enjoying a trade surplus of roughly US$3 billion, according to figures compiled by the General Department of Vietnam Customs.

Vietnam raked in US$2.6 billion from exports of textiles and garments in January 2021, up 3.3% year-on-year, according to the Ministry of Industry and Trade.

VOV.VN - Despite the global fashion industry suffering from a range of challenges caused by the novel coronavirus (COVID-19) pandemic, the Vietnamese garment and textile industry has recorded positive growth in market shares to major locations such as the United States and Europe.

VOV.VN - The enforcement of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in 2019 served to turn Canada into a ‘billion-dollar’ export market for the local textile and garment industry.

VOV.VN - The garment and footwear sectors successfully maintained their export growth momentum in January with footwear exports witnessing a surge of 26.4% to US$1.8 billion against the same period from last year, according to the Ministry of Industry and Trade (MoIT).

VOV.VN - The country ran a trade deficit of US$250 million during the first half of January, with the country’s total import and export turnover reaching US$26.05 billion, according to statistics compiled by the General Department of Vietnam Customs.