HANOI, Dec. 16 (Xinhua) -- Vietnam's garment-textile export value was expected to reach 44 billion U.S. dollars in 2024, marking an 11.26 percent increase from 2023, local media reported.
The country's garment-textile import turnover was anticipated to reach 25 billion dollars, up 14.79 percent, resulting in a trade surplus of 19 billion dollars, up 6.93 percent compared to the previous year, according to the Vietnam Textile and Apparel Association.
Vu Duc Giang, the association's chairman, said many companies were experiencing growth in orders for both 2024 and 2025.
Despite ongoing global complexities, fluctuating shipping costs, slow trade recovery and reduced global investment, Vietnam's garment-textile industry has managed to maintain strong growth, he said.
The industry hopes to generate over 48 billion dollars in export revenue in 2025, he said. ■
