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Vitas monthly newsletter - Volume 08/2024

Vietnam’s textile and garment exports in the first eight months of 2024 are estimated to reach $28.32 billion, an increase of 6.19% compared to the same period in 2023. It is forecasted that Vietnam’s textile and garment exports and imports will continue to be positive in the coming months, as cyclical factors typically lead to a strong increase in demand towards the end of the year. Vietnam’s key export markets are warming up and have returned to growth, such as the United States, South Korea, Japan, and Canada, while growth in the EU market remains low. The export target of $44 billion for Vietnam’s textile and garment industry in 2024 is very feasible. 
Accompanying textile and garment enterprises, VITAS provides you with updates on the domestic and international textile and garment situation, as well as the most practical information in Newsletter No. 08/2024

Vitas monthly newsletter - Volume 07/2024

 Vietnam’s textile and garment exports in the first 7 months of 2024 are estimated at 23.64 billion USD, up 4.58% over the same period in 2023. Total textile and garment imports are estimated at 14.2 billion USD, up 14.85% over the same period in 2023. It is forecasted that Vietnam’s textile and garment exports and imports will continue to be positive in the coming months, because according to cyclical factors, demand for goods often increases sharply in the last months of the year. Vietnam’s main export markets such as the US, Japan, South Korea, and China all increased, while the EU achieved the lowest growth rate, only 0.8%. Many businesses have orders until the end of the year and are negotiating orders for early 2025.
Accompanying textile and garment businesses, VITAS sends you updated information on the domestic and international textile and garment situation as well as the most practical information in Newsletter No. 07/2024

The list of textile and garment import and export tariffs 2024 includes commodity codes (product codes), descriptions of goods, import and export tax rates prescribed for each group of items and items subject to export tax.
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Copyright © 2021 Vietnam Textile & Apprel Association (VITAS)
Head Office : 15th Floor, Office Building, C1 Thanh Cong Building, Ba Dinh District, Hanoi.
Phone : 84-24-39349608 / 39361167 / 39364134
Ho Chi Minh City Branch : LP-05.OT19 & LP-05.OT20,
Landmark Plus Building, Vinhome Central Park,
208 Nguyen Huu Canh, Ward 22, Binh Thanh District, HCMC.
Phone : 84-28-22411485 - Fax: 84-28-38233465
Email : info@vietnamtextile.org.vn

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