According to statistics of VITAS, total textile and garment export turnover in October reached 3.86 billion USD, up 10.7% over the previous month and 24.26% compared to the same period last year.

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The export turnover in the first ten months of this year reached 36.11 billion USD, up 9.86% over the same period in 2023. Vietnam has exported textile and garment products to more than 100 countries and territories.

Giang said that textile and garment export activities are expected to continue to improve at the end of the year, with key export markets of Vietnam such as the US, the EU, Japan, and China still maintaining growth. Meanwhile, there is potential in the ASEAN, Russian, and Canadian markets for businesses to increase their sales.

In addition, the continuing downward trend in freight rates is also supporting the growth of textile and garment exports. In addition, the cooling interest rate policy in the US and Europe is expected to stimulate year-end shopping demand.

However, he noted that the textile and garment industry is still facing many challenges including stricter standards from buyers in the EU and US markets and a growing trend of green, sustainable, and digital development which require businesses to focus on investing in technology to adapt and seize opportunities.

Export turnover in 10 months is estimated at over 24.3 billion USD.

BAC GIANG - The export turnover in Bac Giang province reached more than 24.3 billion USD in 10 months, up 22.8% over the same period, reported the Department of Industry and Trade.

Vietnam's rice export turnover up 23.5% in nine months

Vietnam exported over 7 million tonnes of rice worth 4.37 billion USD in the first three quarters of 2024, up 9.2% in volume and 23.5% in value compared to the same period last year, the Ministry of Agriculture and Rural Development (MARD) has reported.

Export turnover is estimated at more than 2.7 billion USD.

BAC GIANG - The export turnover in Bac Giang is estimated at more than 2.7 billion USD in August, up 3.2% over the previous month and 23% over the same period last year, reported the Department of Industry and Trade. 

First 7 months: Total import-export turnover tops 439 bln USD

Vietnam’s total trade turnover of goods reached 439.88 billion USD in the first seven months of this year, marking a 17.1% increase compared to the same period last year.