Vietnam's textile and apparel (T&A) exports increased by 10 per cent to $22 billion in H1, FY25, as per a report by local daily newspaper Nhan Dan. (People) This strong performance comes amidst ongoing global uncertainties.
Vietnamese enterprises have significantly ramped up production to meet delivery deadlines and maximize tariff advantages. This proactive approach is particularly strategic given the anticipation of potential new US trade measures.
Vietnam’s T&A products are now being exported to 132 countries and territories. Many firms in the sector have already secured orders through September and are actively negotiating contracts for the crucial year-end season, indicating sustained demand.
According to forecasts from authorities, the industry's export revenue could reach between $46 billion and $47 billion in 2025, if the current growth momentum continues.