Many Vietnamese textile and garment enterprises have ramped up production early in 2025, setting the pace for an ambitious export turnover target of USD 48 billion for the year.
Positive Signals from the Start of the Year
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According to Mr. Cao Huu Hieu, General Director of the Vietnam National Textile and Garment Group (Vinatex), most member companies saw strong growth momentum in the second half of 2024. Many enterprises have already secured orders through Q2 2025, and some even into Q3 2025, while actively negotiating contracts for the rest of the year.
Order prices have also improved, following a global recovery in consumer demand, especially during festive shopping seasons.
At Garment 10 Corporation (May 10), production remained stable even during the Lunar New Year holiday, with confirmed orders ensuring full employment through Q2/2025. Similarly, Viet Thang Jean Co., Ltd. reported busy operations since December 2024, increasing shifts to fulfill Spring–Summer 2025 collections by adopting a small-batch, fast-fashion strategy that secures orders until mid-2025.
Vietnam’s Garment Exports Reach 104 Global Markets
Vietnamese textiles and garments have been exported to 104 countries and territories worldwide.
The United States remains the largest market, accounting for 44% of total exports, followed by the EU, China, CPTPP member countries, and ASEAN. Vietnam has also begun expanding into new markets such as Africa and the Middle East, demonstrating its global reach and adaptability.
Ambitious Yet Achievable Goal
For 2025, Vietnam’s textile and garment sector aims for 10% growth, reaching USD 48 billion in exports — a challenging yet achievable target if enterprises meet international buyers’ increasingly strict sustainability and compliance standards.
A representative from May 10 emphasized that the company will continue expanding both domestic and export markets. Alongside traditional markets such as the U.S., EU, and Japan, May 10 is focusing on emerging destinationslike South Korea, China, and other Asian countries.
The company plans to reduce 20,000 tons of CO₂ emissions in 2025 through solar energy adoption and resource-efficient production, reinforcing its commitment to green manufacturing.
Global Opportunities and Sustainability Transformation
Vinatex representatives note that the global textile market is projected to reach USD 850 billion in 2025, presenting vast opportunities for Vietnamese enterprises.
To sustain competitiveness and growth, businesses must:
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Accelerate digital transformation and invest in automation
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Adopt green production practices to meet ESG standards
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Optimize costs while improving quality and delivery performance
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Diversify export markets beyond traditional partners, particularly to the Middle East and South America
From now through mid-2025, Vietnam’s apparel industry is expected to maintain recovery momentum seen since late 2024. Key markets such as the U.S., EU, and Japan are showing signs of inventory reduction and rising consumer demand, fueling optimism across the supply chain.
FTA Advantages and Strategic Flexibility
According to Mr. Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS), the political stability of Vietnam and its network of 17 effective Free Trade Agreements (FTAs) out of 19 signed, provide strong competitive advantages for exporters.
He added that Vietnam’s strength also lies in its business agility and long-term market vision, with companies actively diversifying products and markets to mitigate risks and seize global opportunities.
Vietnam’s Textile Industry: Strong Momentum into 2025
With a solid foundation and remarkable achievements in 2024, Vietnam’s textile and garment industry continues to assert its position in the global trade map.
The combination of market recovery, higher order prices, and sustainable transformation provides the momentum for steady growth in 2025 and beyond.