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