Core Insights - Vietnam's textile and garment exports reached $34.8 billion from January to September 2025, marking a 7.7% year-on-year increase, with a target of $48 billion for the entire year [1][1][1] Export Performance - The total export value of Vietnam's textile and garment industry is $34.8 billion for the first nine months of 2025, with ready-made garments accounting for $27.8 billion [1] - The industry exports to nearly 140 countries and regions [1] Dependency on Imports - The industry is highly reliant on imported raw materials, with cotton being 100% imported and synthetic fibers having an import ratio of 90%-95% [1] - There are limitations in design, branding, and distribution due to constraints in funding and human resources [1] Challenges and Opportunities - The shift of low-cost orders to countries with cheaper labor is diminishing Vietnam's advantage of "cheap labor" [1] - To enhance competitiveness, companies need to invest in automation and smart technologies, update management practices, and focus on high-end, specialized, and eco-friendly products [1] Strategic Recommendations - Accelerate the development of domestic raw material sources and plan the construction of textile and garment industrial clusters to form a complete supply chain [1] - Establish product development and design centers to improve production efficiency and added value, promoting sustainable development in the textile and garment sector [1]
越南推动纺织服装业可持续发展
Shang Wu Bu Wang Zhan·2025-10-31 16:40