According to Vietnam’s “Business Daily” report on May 5, Vietnam’s textile exports reached US$9.51 billion in the first four months of this year, a year-on-year increase of 9%; fiber and yarn exports reached The export volume of textile and leather footwear raw and auxiliary materials reached US$642 million, an increase of 14.1%.
Vietnam’s Ministry of Industry and Trade stated that in the context of some of Vietnam’s major export markets gradually recovering and making good use of the free trade agreement that has been signed and entered into force, before this year Vietnam’s textile industry showed more positive signals in four months compared with the same period last year.
In April this year, Vietnam’s textile manufacturing index increased by 2.7% month-on-month and 17.3% year-on-year; the clothing manufacturing index increased by 3.9% month-on-month and 29.4% year-on-year. Overall, the textile production index increased by 7.8% year-on-year in the first four months of this year, the clothing manufacturing industry increased by 9.5%, and the leather and related products increased by 22%.
Some products in this industry have achieved good growth, such as: woven fabrics made of natural fibers reached 201 million square meters, a year-on-year increase of 10.1%; synthetic fibers and man-made fibers Textiles produced reached 378.3 million square meters, a year-on-year increase of 6.4%; casual clothing reached 1.4942 billion pieces, an increase of 8.9%; footwear reached 94.1 million pairs, an increase of 13.3%. </p
