Vietnam’s textile and garment export turnover surpassed $26.33 billion in the first seven months this year—a rise of 9 per cent YoY.
The sector needs to achieve monthly exports of over $4 billion during the remaining months of the year to meet the annual target of $47-48 billion.
This seems tough as exports to the US face tariffs of up to 20 per cent, which is a key disadvantage compared to competitors.
The sector needs to achieve monthly exports of over $4 billion during the remaining months of the year to meet the annual target of $47-48 billion.
This seems tough as exports to the US face tariffs of up to 20 per cent, which is a key disadvantage compared to competitors.
