Vietnam’s total import-export turnover in the first half of 2025 is estimated at US$426–430 billion, representing an increase of 15.5–15.8% compared to the same period in 2024.
VOV.VN - Vietnam's textile and garment sector sustained its growth trajectory in the first half of 2025 despite global uncertainties and new reciprocal tariffs imposed by the administration of US President Donald Trump, while maintaining the upward trend seen since the latter half of 2024.
Vietnam’s garment and textile exports exceeded US$17.58 billion in the first five months of 2025, up 9% compared to the same period last year.
Vietnam and India have great potential for cooperation in the garment and textile sector as the US's new reciprocal tax policy could significantly impact exports of both countries to the US market, according to Bui Trung Thuong, Trade Counselor at the Vietnam Trade Office in India.
VOV.VN - Many businesses are flexibly diversifying markets, reducing costs, and adjusting their business strategies accordingly in response to the US imposing a 46% reciprocal tariff on Vietnamese goods.
VOV.VN - More than 1,100 exhibitors from 25 countries and territories globally are expected to take part in the SaigonTex - SaigonFabric 2025, an international exhibition for the textile and garment industry, machinery, accessories, and fabrics in Ho Chi Minh City next month.
VOV.VN - Garment and textile exports during the opening two months of the year reached US$5.634 billion, up 9.3% against the same period last year, according to the General Statistics Office (GSO).
Vietnam has set an ambitious target of earning US$48 billion in export revenue for the textile and garment industry this year, according to the Vietnam Textile and Apparel Association (VITAS) - and industry insiders hope that sustainable fashion will help the sector achieve its goal.
VOV.VN - Eight items posted export turnover in excess of US$10 billion each in 2024, accounting for 69% of Vietnam’s total export turnover, according to the General Statistics Office.
VOV.VN - Vietnam has surpassed Bangladesh to become the world’s second largest apparel and textile exporter, ranking only behind China, said Hoang Manh Cam, spokesperson for the Vietnam National Textile and Garment Group (Vinatex) at a press briefing on December 25.