VOV.VN - With export turnover surging by 11% to reach approximately US$32 billion during the past 10 months of the year, the local garment and textile industry is anticipated to rake in roughly US$38 billion this year, according to the Vietnam Textile and Apparel Association (Vitas).

VOV.VN - The fifth Cotton Day Vietnam will be held virtually on December 1 to give garment makers a chance to learn about how to adapt to post-pandemic markets globally.

VOV.VN - The Vietnamese garment and textile sector has found itself in dire straits to meet its US$39 billion export target this year as it is now facing supply chain disruption, order shifting to rivals and a shortage of workers as a result of the COVID-19 pandemic, according to industry insiders.

Vietnam’s garment-textile and footwear have borne the brunt of COVID-19 and firms in the sectors may take a long time to recover, experts said.

VOV.VN - The local textile and garment industry continued to enjoy robust growth during the first half of the year as export turnover saw an annual increase of 15% to reach US$15.2 billion, according to the Ministry of Industry and Trade.

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).

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.

VOV.VN - Various Vietnamese associations have stated their desire to seek the Government’s support to facilitate import procedures of COVID-19 vaccines from a firm operating in the United Arab Emirates (UAE).

VOV.VN - Vietnam’s export industries posting a trade deficit over the opening five months of the year is not a worrying sign as most imported items are raw materials necessary for production, especially for the group of export goods, according to industry insiders.

Vietnam’s textile and garment exports grew 9% to over US$9.5 billion in the first four months of 2021, with shipments of cord fabric and fibre and yarn increasing 35.7% and 43.4%, respectively, year-on-year.