Textile
| Vietnam's textile & garment exports rise 8.8% in Jan-Mar 2024
Pic: Adobe Stock
Insights
- Vietnam's textile and garment exports increased by 8.8 per cent to $7.820 billion in the first quarter of 2024, with US being the largest market.
- Yarn exports also rose, with China as the top buyer.
- However, the VITAS has reduced the 2024 export target to $44 billion due to declining global demand, following a 12 per cent drop in sector revenue in 2023.