Vu Duc Giang, Chairman, Vietnam Textile and Apparel Association (VITAS), says, Vietnam’s T&A exports will decline by over 9 per cent this year to $40 billion owing to the lingering global impact of the COVID-19 pandemic and a large inventory due to decreased demand..

This year, Vietnam expanded its markets for the export of textile and apparel products to 104 countries and territories, notes

Most of Vietnam’s T&A exports were directed to the US with a turnover of over $11 billion by the end of September. This was followed by Japan with exports of about $3 billion, the EU with exports worth $2.9 billion, the Republic of Korea with $2.43 billion, Canada with exports of around $850 million, and China with $830 million.

Jackets remained the topmost exported items during this period with export earnings over $4.38 billion, followed by trousers with over $3.85 billion and shirts with $1.87 billion.