Garment and textile exports target set at US$ 34 billion in 2018

12/5/2017 - 3:02:55 PM

Vietnam’s garment and textile industry has set the target of earning US$34 billion in export turnover in 2018, heard a conference held in Hanoi, on December 2, to review the industry’s operations in 2017.

According to Vice chairman of Vietnam Textile and Apparel Association (Vitas) Truong Van Can, the industry has faced a number of challenges in 2017, which were partly posed by the delay in the ratification of the Trans-Pacific Partnership (TPP).

However, since the second quarter of this year, the industry has strived to overcome these difficulties and to approach the export target of US$31 billion set for this year, an increase of 20.23% against the same period last year.

Of which, the export turnovers of textile and garment products reaped in US$25.91 billion, up 8.7% annually, while the export of fibres is estimated at US$ 3.51 billion, an increase of 19.93% compared to the same period last year.

The export turnover of the sector in the last two months of this year is predicted to stand at US$ 5.27 billion.

In addition to major export markets, such as the US, the EU, Japan and the Republic of Korea, the sector also enjoyed fruitful export growth in other markets, including China, Russia and Cambodia.

Source: NDO

Six-month industrial production index estimated to rise 20%

According to data from the Hoa Binh Provincial Party Committee, the industrial production index for the first six months of 2025 is estimated to have increased by 20% compared to the same period last year. This marks the highest year-on-year growth rate for this period since 2020.

Exports exceeded 1.1 billion USD in 6 months

In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.

The effectiveness of professional models of association and group in Tan Lac district

The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.

Building the brand of Muong village clean food

With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.

Hoa Binh ethnic farmers join forces through collective economic models

In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.

Maintaining farming area codes: Key to bringing Hoa Binh farm produce to global market

Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.