Vietnam’s textile and garment industry is on a growth trajectory in 2025, demonstrating resilience and adaptability amid global trade challenges. The sector has capitalized on market diversification, sustainability, and technological advancements to strengthen its position as a key global supplier.

Strong Export Performance and Ambitious Targets

For 2025, Vietnam’s textile and garment industry is targeting $47–48 billion in exports. As of July, exports have already reached $26.33 billion, a 9% year-on-year increase compared to the same period in 2024. Many enterprises have secured orders through the end of the year, indicating sustained demand and market confidence.

Expanding Global Reach

The industry has successfully expanded its footprint, exporting to 132 countries, up from 104 in 2024. Key markets include China, Russia, and ASEAN nations, alongside traditional strongholds in Europe and North America. Vietnamese companies are also investing abroad, with significant moves into Mexico, Myanmar, India, and Egypt to enhance supply chain resilience and tap into new demand centers.

Leveraging Trade Agreements and Sustainability

Vietnam’s industry is actively utilizing 17 new-generation free trade agreements (FTAs) to remain competitive while adapting to evolving trade dynamics. At the same time, sustainability is becoming a core focus, with many enterprises transitioning to green production practices to meet global standards and consumer expectations.

Operational and Technological Innovations

Companies are optimizing production schedules to safeguard employment and mitigate rising input costs. Investments in modern machinery, technology upgrades, and skill development are driving efficiency and allowing a shift toward higher-value production methods such as FOB (Free on Board) and ODM (Original Design Manufacturing).

Financial and Strategic Management

Flexible financial strategies are being implemented to absorb costs and maintain competitiveness. The Vietnam National Textile and Garment Group (Vinatex) is targeting VNĐ 18.31 trillion in revenue for 2025, in line with 2024 levels, and aims for a 9% increase in pre-tax profits to VNĐ 910 billion.

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Key Data at a Glance

Focus Area	Details
Export Target (2025)	$47–48 billion
Performance (Jan–Jul 2025)	$26.33 billion (+9% YoY)
Export Destinations	132 countries (up from 104 in 2024)
Key Markets	China, Russia, ASEAN, Europe, North America
Overseas Investments	Mexico, Myanmar, India, Egypt
Trade Agreements Utilized	17 new-generation FTAs
Sustainability Efforts	Green production, eco-friendly practices
Technological Focus	Machinery upgrades, skill development, FOB & ODM production
Vinatex 2025 Revenue Target	VNĐ 18.31 trillion
Vinatex 2025 Profit Target	VNĐ 910 billion (+9% YoY)

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Conclusion

Vietnam’s textile and garment industry is positioning itself as a forward-looking, innovation-driven sector. By leveraging trade agreements, adopting sustainable practices, and expanding its global presence, it aims not only to meet ambitious export targets but also to strengthen its role as a major contributor to Vietnam’s economic growth.