The subject focuses on weaving and dyeing yarn for producing fabric. The subject imports materials from China, Taiwan, India, Indonesia, South Korea, Malaysia, Spain, and Thailand. Its products are mainly exported to South Korea, USA, Indonesia, some countries in EU, the rest is the consumption rate in the domestic market.Vietnam Textile and Apparel Association (Vitas) statistics show that Vietnam's total textile and garment export turnover in the first 6 months of 2023 is estimated at USD 18.6 billion, down 18% over the same period in 2022. Chairman of Vitas said that in the coming time, the textile and garment industry will continue to face pressures and requirements from importing countries, especially greening standards and technical barriers related to recycled products. It is forecasted that in the remaining months of 2023, the textile and fashion market will still face many difficulties. The total world textile and garment demand is forecasted to reach about USD 700 billion, down 8% compared to 2022, lower than the whole year of 2020 when the Covid-19 epidemic occurred.
Headquarters
Long Thanh Industrial Park, Tam An Commune
Tuyen Quang; North Eastern Vietnam;
Postal Code: 76000
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