Vietnam is considered one of the world’s leading manufacturers and exporters in the Textile and Apparel industry. After Vietnam fully reopened its doors to international visitors, the local market has quickly adapted to the new normal and is back on track after the pandemic. Vietnam’s apparel exports in the first half of 2022 totaled some US$22.3 billion, up 17.7% year-on-year. The growth was fairly high amid challenges facing the global market. Though many difficulties are expected to face the local market for the rest of the year, Vietnam might fulfill its target to achieve US$43-43.5 billion from textile and apparel exports this year. The high export revenue, coupled with high-quality Vietnamese products at competitive prices, has recently made the Vietnam textile and garment industry more attractive to foreign investors. Market trends and the post-Covid recovery of global exporters will lead to a boom in the apparel sector in the coming time.
Despite optimism for future development, Vietnam’s textile and apparel industry still faces many challenges such as rising costs, global supply chains and labor deficit. The GTAS 2023, schedule from April 20-21, is a 2-day gathering of international experts from all over the world to share project case studies, discuss opportunities and deliver solutions for the major challenges faced by the industry. We look forward to your participation in 3rd Gobal Textile & Apparel Summit Vietnam 2023.
WHO WILL ATTEND
EVENT AT-A-GLANCE
