Vietnam'S Textile And Footwear Industry Strives To Reach About 108 Billion US Dollars By 2030

Vietnam Tongshe Hanoi - According to the development strategy of the textile and footwear industry by 2030 and the outlook for 2035, Vietnam's textile and footwear industry aims to achieve an average annual growth rate of 6.8% - 7% from 2021 to 2030, and the export amount will reach about $108 billion by 2030.

In 2022, the total export volume of Vietnam's textile, clothing and footwear industry will reach 71 billion US dollars, a record high.

Among them, Vietnam's textile and clothing exports reached US $44 billion, up 8.8% year on year; The export volume of shoes and handbags reached 27 billion US dollars, up 30% year on year.

Vietnam Textile Association and Vietnam Leather, Footwear and Handbag Association said that Vietnam's textile, clothing and footwear industry has a certain position in the global market. Despite the global economic recession and the reduction of orders, Vietnam still wins the trust of international importers.

In 2023, Vietnam's textile and clothing industry proposed the goal of total exports of 46 billion to 47 billion dollars by 2023, while the footwear industry strives to achieve the export volume of 27 billion to 28 billion dollars.