Vietnam’s textile and garment industry plays an important role in the country’s economy. In 2022, despite many difficulties, Vietnam’s textile and garment exports reach the target of 44 billion USD, an increase of 8.8% over the previous year. However, entering 2023, Vietnam’s textile and garment industry is facing many challenges due to the impact of the world and domestic economic situation.
If these challenges are not resolved, Vietnam’s textile and garment industry may find it difficult to maintain growth and compete in the international market. This not only affects export revenue but also threatens the jobs of millions of workers in this industry.
To cope with these challenges, Vietnam’s textile and garment industry needs synchronous solutions1. This may include investing in new technology, improving product quality, and finding new export markets.
In the first 3 months of 2024, Vietnam’s total textile and garment export turnover is estimated to reach 9.5 billion USD, up 9.62% over the same period last year. This is a positive sign that Vietnam’s textile and garment industry has begun to recover and adapt to challenges.
If you are finding a sustainable fabric supplier in Vietnam. Kindly check below information:
IGREEN TEX VIETNAM CO LTD
Address: No. 83 , A4 Street, Ward 12, Tan Binh Dist, HCMC
Tax code: 0315844409
Email: info@igreentex.com
WhatsApp/Viber/Zalo: +84938.045.900
