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Vietnam to increase T&A exports to $44 billion this year


Vietnam aims to increase its textile and apparel (T&A) exports to $44 billion this year. According to Ta Hoang Linh, Director-European American Market Department, Ministry of Industry and Trade, T&A exports from the country increased by 7.4 per cent Y-o-Y to $12.8 billion during the first five months of this year. Exports in the footwear and handbag sector also increased by 7.3 per cent Y-o-Y to nearly $7.9 billion during this period alongwith the issue of new work orders.

However, a few businesses continued to face issues during this period due to changing new regulations regarding the environment, sustainability, circular production, raw material traceability, safety, business reporting, forest management regulations and chemical use.


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