Vietnam’s textile and garment industry is on a strong recovery trajectory, with export revenues forecast to hit $46 billion in 2025, a 5.6% increase from 2024, according to the Vietnam Textile and Apparel Association (VITAS).
Speaking at a press briefing on November 25, a representative from VITAS highlighted an impressive trade surplus of $21 billion, underscoring the sector’s vital contribution to the national trade balance. The industry has also achieved a domestic value-added rate of roughly 52%, reflecting growing self-sufficiency in raw materials and component supply.
With these gains, Vietnam continues to hold its position as the world’s third-largest textile and apparel exporter, behind China and Bangladesh. Vietnamese textile and garment products are now sold in 138 markets worldwide.
The United States remains Vietnam’s largest export market, with expected revenues of $18.6 billion in 2025, an 11.75% increase year-on-year. Apparel products continue to dominate export earnings, contributing about $38 billion of the industry’s anticipated total. Market confidence in Vietnam is evidenced by many enterprises securing orders through the end of the first quarter of 2026 and actively negotiating contracts for the second quarter.
