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Vietnam’s apparel sector shifts gears in chase of $50 bn export goal

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Vietnam’s textile and garment exports target ~$50 billion this year, driven by structural reforms, efficiency gains, and deeper integration into global value chains.
Smarter use of FTAs is lifting competitiveness even as heavy investment in local supply chains, technology, automation, and compliance helps to boost exports and position Vietnam as a higher-value, strategic apparel partner.Vietnam’s textile and garment exports target ~$50 billion this year, driven by structural reforms, efficiency gains, and deeper integration into global value chains.
Smarter use of FTAs is lifting competitiveness even as heavy investment in local supply chains, technology, automation, and compliance helps to boost exports and position Vietnam as a higher-value, strategic apparel partner.