Vietnam’s Garment Industry Sees Strong Growth Amid Global Shifts

  • Vietnam’s garment and textile exports reached US\$44 billion in 2024, up 11 percent year-on-year
  • The sector grew 9 percent in the first five months of 2025 despite global market challenges
  • Exporters are diversifying markets and adopting operational flexibility to counter shifting demand
  • Major export destinations include the US, Europe, Japan, and South Korea
  • Focus on free trade agreements, technology, and sustainability is driving long-term industry growth