Vietnam textile and garment & footwear industry report 2025 & outlook for 2026
Feb 6
2 min read
Updated: Mar 17
Vietnam textile & garment and footwear industry highlights 2025 & outlook for 2026 2025: Exports of textiles, garments, and footwear reached a new record of nearly USD 76 billion; however, growth was highly polarized across product segments, markets, and enterprise groups. Growth was primarily driven by apparel, footwear, and handbags, while the fiber segment faced price pressure, resulting in a decline in export value. The FDI sector continued to lead with double-digit growth, while domestic enterprises (DDI) remained under pressure overall. Nevertheless, several leading local players delivered positive results by diversifying export markets, increasing localization rates, and shifting toward ODM/OBM business models. By market, the United States, the EU, and CPTPP countries maintained growth momentum, whereas exports to China and South Korea declined. The domestic market is sizable but intensely competitive, and most local enterprises have yet to effectively capitalize on its potential. Outlook for 2026: Exports are expected to remain on a positive trajectory, supported by FTAs and expansion into new markets. However, growth headroom is constrained by (i) slower global demand growth, (ii) intensifying regional competition (India, Indonesia, Cambodia), (iii) elevated inventories at major global brands, and (iv) rising tariff risks and increasingly stringent traceability and ESG requirements, while reliance on imported raw materials—particularly from China—remains high. |
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[VI] TEXTILE AND GARMENT & FOOTWEAR INDUSTRY REPORT - 2025 & Outlook 2026
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Table of contents
A. EXECUTIVE SUMMARY
B. INDUSTRY OVERVIEW
Export value & overall trade balance
Production performance by product groups
Export structure by product groups
Export market developments
Imported raw material supply situation
C. DETAILED EXPORT PERFORMANCE BY PRODUCT GROUP
Garments & fabrics
Footwear
Textile fibers & yarns
Bags, suitcases, umbrellas, hats & caps
D. IMPORT SITUATION OF SELECTED RAW MATERIALS
E. APPENDIX
The insights on Vietnam's textile and garment industry are quite revealing, especially the mention of polarized growth across different product segments. It highlights the importance of adaptability for local businesses facing global competition and changing market demands. As someone who follows the fashion supply chain closely, I found it intriguing to see how FDI is driving growth while domestic players adjust their strategies. This understanding could be vital for anyone navigating the complexities of global sourcing. For those interested in enhancing their designs, you might find it fun to explore AI Miniature Generator for creating unique miniature images inspired by your work.
It's encouraging to see textile, garment, and footwear exports reach a record high, even though growth wasn't evenly shared across all sectors. The situation shows how adapting to new markets and business models can make a big difference, much like adjusting strategies to succeed in an FNF game.
I found this Vietnam textile and garment footwear industry report really useful, it gives a good overview of trends and how things might shape up in the next couple of years. Even if you’re not an expert, the way they explain the outlook for 2025 and beyond makes it easier to understand where the industry might be heading and what factors are influencing growth or challenges. It actually helped me get a clearer picture of global supply chains and how different markets are moving. Also if anyone here is trying to juggle tough essays, deadlines and research all at once, Online Assignment Help UK really helped me when I was totally overwhelmed with assignments, so it might be worth checking out…