Related Keywords: double size of production, Free trade agreement, largest economic sector, next textile and garment hotspot, textile export, TPP agreement, Vietnam Textile and Apparel Association, Vietnam textile and garment industry
Vietnam’s textile and garment industry is one of the largest economic sectors in the country, consisting 4,000 enterprises with a turnover of US$20 billion a year, accounting for 15% of. According to the Vietnam Textile and Apparel Association, textile and garment products are exported to 180 countries and territories in the world. In 2015, textile and garment industry is aiming at total exports of $28.5 billion.
The textile industry has been witnessing a steady growth over the recent years and pushing the country to become one of the top textile exporters in the world.