garment-textile industry

Vietnam’s strategic location, commitment to sustainability, and innovation have made it an attractive destination for international textile producers seeking to diversify global supply chains.

Vietnam’s textile and garment industry is on track to achieve nearly US $44 billion in exports this year, surpassing competitors to become the second-largest exporter globally, according to Vinatex's General Director Cao Huu Hieu.

The implementation of Free Trade Agreements (FTAs) has enabled businesses to benefit from tax reductions and enhance their competitiveness in exports. However, numerous obstacles still hinder the full utilization of these FTAs.

Vietnamese firms are participating in the biggest garment fair in India.

The World Wide Fund For Nature in Vietnam (WWF-Vietnam) partnered with HSBC and World Resource Institute in a partnership to scale climate solutions for global impact

Vietnam News Today (June 20): Vietnam chairs meeting of UNSC Committee on South Sudan; Hanoi considers reopening certain businesses, allowing outdoor sports; Northern and central regions continue to face heat wave of over 40 degrees Celsius and Da Nang shuts public beaches following new community transmissions.

Some textile and garment items which are entitled to preferential tariffs in the Eurasian Economic Union (EAEU) under a bilateral free trade agreement exceeded the quota last year.