Vietnam’s total garment-textile export turnover was estimated at 14.5 billion USD in the first five months of 2019, a year-on-year rise of 9.11 percent.
Garment-textile export turnover was estimated at 14.5 billion USD in January-May 2019 (Photo: VNA)
Hanoi (VNA) – Vietnam’s totalgarment-textile export turnover was estimated at 14.5 billion USD in the firstfive months of 2019, a year-on-year rise of 9.11 percent.
Apparel exports hit 11.2 billion USD, fabric 856million USD, and yarn 1.6 billion USD, according to the Vietnam Textile &Apparel Association (VITAS).
Meanwhile, the industry imported 9.3 billionUSD worth of materials and accessories, up 12 percent from the same period lastyear. VITAS has set the industry’s export turnovertarget this year at 40 billion USD, a 10.8 percent year-on-year increase from2018.
In January-May, fruit and vegetable exports stoodat 1.83 billion USD, a year-on-year increase of 10.3 percent.
China was the top fruit and vegetable exportmarket, accounting for 74.26 percent of market share, followed by the US at3.16 percent, the Republic of Korea with 3.03 percent and Japan’s 2.53 percent.
The fruit and vegetable sector aims to grossnearly 4.2 billion USD in export turnover in 2019.
To realise this goal, the sector will expandfruit growing area to one million hectares and develop five main fruits insouthern localities, namely dragon fruit, mango, durian, rambutan and longan,according to the Department of Crop Production under the Ministry ofAgriculture and Rural Development.
The two industries have ample opportunities toexpand their markets under the Comprehensive and Progressive Agreement forTrans-Pacific Partnership (CPTPP), which came into effect in January.-VNA
In recent years, many foreign fruit exporters have entered Vietnam to take advantage of local people’s rising popularity of imported fruit in the country.
The Vietnam Textile and Apparel Association (Vinatex) has reported that total export earnings of the garment and textile sector in the first quarter reached nearly 8.7 billion USD, up 11.31 percent over the same period last year.
Vietnam should develop quality varieties and improve cultivation techniques if the country wishes to bolster shipments of dragon fruits, experts said at a seminar held by the Ministry of Agriculture and Rural Development (MARD) and the Embassy of New Zealand in Vietnam on June 5.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.