Vietnam govt confident textile and garment industry to grow further this year

Vietnam's textile and garment industry has been expanding fast over the last five years, at 20 to 26 per cent annually. Vietnam is currently the world’s third largest exporter in this sector. - Vietnam News/ANN

HANOI, Sept 3 (Bernama): Vietnam’s textile and garment industry is set to earn US$45 billion in exports in 2022, compared to US$40.4 billion last year, Vice Chairman of the Vietnam Textile and Apparel Association (VITAS) Truong Van Cam said.

According to Vietnam news agency (VNA), he said the industry has been expanding fast over the last five years, at 20 to 26 per cent annually. Vietnam is currently the world’s third largest exporter in this sector.