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.

VOV.VN - Last year saw Vietnam's export turnover to Israel reach roughly US$700 million and imports hit estimated US$850 million, according to the Vietnam Trade Office in the Middle East nation.

Vietnam’s garment-textile sector sets a target of US$39 billion in export revenue this year, equal to that of 2019, according to the Vietnam National Textile and Garment Group (Vinatex).

VOV.VN - The nation has bright prospects for greater co-operation with India in the fields of garment and textiles moving forward, according to details released during a recent online trade exchange conference.

Vietnamese and Indian businesses sought partnership opportunities in garment and textile sector during an online conference held by the Vietnamese Trade Office in India and the Indian Importers Chambers of Commerce and Industries (IICI) on December 30.

Vietnam’s garment-textile export turnover is projected at US$38-39 billion in 2021, Le Tien Truong, Chairman of the Vietnam National Textile and Garment Group (Vinatex) said on December 29.

The UK-Vietnam Free Trade Agreement (UKVFTA), expected to come into force in the beginning of 2021, is promising several export opportunities to the European market for Vietnamese garment-textile and footwear enterprises.