In 2025, Viet Nam's textile and garment exports are estimated to reach 46 billion USD, with a trade surplus of 21 billion USD, further affirming its pivotal role and position among the top 3 globally.

Over two days, December 16-17, in Hanoi , the 7th Congress of the Viet Nam Textile and Garment Association (VITAS) reviewed its activities for 2025 and the 2020-2025 period, and outlined a development strategy for the industry for the 2025-2030 period.

Speaking at the Congress, Mr. Vu Duc Giang, Chairman of VITAS, said that thanks to the proactive efforts of businesses and the connecting role of the association, Viet Nam's textile and garment industry continues to maintain its growth momentum and retain its position as one of the top 3 textile and garment exporting countries in the world . In 2025, export turnover is estimated to reach 46 billion USD, an increase of 5.6% compared to 2024; with a trade surplus of approximately 21 billion USD. Notably, the domestic value-added ratio is expected to reach about 52%, reflecting progress in proactively securing raw materials and components.

According to Mr. Vu Duc Giang, the industry faces many challenges from geopolitical fluctuations, tariffs, and changes in global purchasing methods, forcing businesses to reposition themselves in the supply chain and move towards a multinational model. At the same time, the trends of robotization, AI, along with the demands for sustainable development, greening, and sustainable fashion, present both pressures and opportunities to enhance competitiveness.

According to Mr. Truong Van Cam, Vice President and General Secretary of VITAS, by 2025 the industry will export to 138 markets, focusing on the US, EU, Japan, South Korea, ASEAN, and China; while also expanding to the CIS, Africa, and the Middle East. US tariffs on Vietnamese textiles and garments are currently stable; many businesses have orders until the first, or even second, of 2026.

Regarding the outlook, Dr. Can Van Luc believes that 2026 holds potential uncertainty from new trade policies, but Viet Nam's economic foundation still supports exports. He recommends that businesses focus on risk management, digital transformation, and technology application to increase productivity and move into the high-value segment.

Entering its seventh term (2025-2030), VITAS aims for export turnover to reach US$64.5 billion by 2030, with an average growth rate of 6.5-7% per year; and domestic market turnover to reach US$8-9 billion, focusing on "Greening - Digitalization," increasing the localization rate to over 60%, and building a Vietnamese fashion brand.

Source: VTV