Vietnam Textile and Apparel Association (VITAS) has raised its 2025 export target for textiles, garments, and yarn to a range of $47 billion to $48 billion. In the first eight months of 2025, Vietnam’s textile and garments exports increased by 8.5 per cent Y-o-Y.
Combined with a strong order flow, this has given VITAS confidence to raise its initial forecast.
Many Vietnamese textile and garment enterprises have already secured a substantial number of orders for the entire year, providing a stable foundation for production and export activities.
The industry has expanded its export reach to new markets, including Russia, the Commonwealth of Independent States (CIS), and countries in the ASEAN region, which helps mitigate risks from over-reliance on traditional markets like the US and EU.
Vietnam is leveraging its extensive network of new-generation FTAs, such as the EVFTA and CPTPP, to gain preferential tariffs and increase its competitiveness in major global markets.
Ongoing shifts in global trade dynamics have led many international buyers to diversify their sourcing away from other major textile producers, with Vietnam being a primary beneficiary of this trend.
Vietnamese companies are increasingly shifting from the traditional cut-make-trim (CMT) model to higher-value methods like FOB (free on board), ODM (original design manufacturing), and OBM (original brand manufacturing), which boosts the value of their exports.
The industry is actively investing in modern technology, digital transformation, and sustainable production practices to meet the increasingly strict environmental and quality requirements of major export markets.
Despite the optimistic outlook, the sector faces some challenges, including potential impacts from evolving trade policies and reliance on imported raw materials. However, VITAS believes, with strategic planning and continued government support, the industry is well-positioned to achieve its ambitious 2025 export goal.
