Vietnam Textile Exports 2024-25: Key Insights & Top Manufacturers Driving Global Growth

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Discover Vietnam’s thriving textile industry in 2024-25, with $44B in exports, top clothing manufacturers, and leading fabric suppliers. Explore growth trends, global markets, and US textile exports insights.

 

Vietnam has solidified its position as a powerhouse in the global textile and apparel industry. With competitive labor costs, a skilled workforce, and strong government support, the country has become a go-to hub for textile manufacturing. In 2024, Vietnam exported $44 billion worth of textiles and garments, marking an 11% year-over-year growth, according to Vietnam textile export data & Vietnam export data. Despite challenges, Vietnam continues to hold the rank of the third-largest textile exporter worldwide, commanding a 9% global market share.

The country boasts over 19,400 active textile and garment suppliers, serving a vast network of 32,000+ global buyers. Among its top trade partners, the United States stands out as the largest importer, with $11 billion in Vietnamese textile imports in 2024. More than 200 Vietnamese exporters actively supply U.S. buyers, making Vietnam a critical player in the global textile supply chain.

For businesses tracking international trends, this also ties closely to Vietnam garment exports 

highlighting Vietnam’s growing role in supplying major U.S. markets.


Vietnam Textile Industry: Scale, Growth & Key Markets

Export Performance (2024)

  • Total textile and garment exports: $44 billion (+11% YoY)

  • Global buyers: 140+ countries

  • Early 2025 shipments: $3.19 billion in January

Major Export Markets
Vietnam exports textiles worldwide, with top destinations including:

  • United States: $16.15B (43.6% of total exports)

  • Japan: $4.33B (11.7%)

  • European Union: $4.24B (11.5%)

  • South Korea: $3.15B (8.5%)

  • China: $1.33B (3.6%)


Top 10 Clothing Manufacturers & Fabric Suppliers in Vietnam

These leading companies excel in scale, export turnover, innovation, and certifications:

  1. Vinatex – State-owned giant, producing 250M sq ft fabric annually; exports grew 7% in 2024.

  2. Phong Phu Corporation – Advanced machinery from Japan, U.S., and Europe; fabric division revenue $87.23M in 2024.

  3. TNG Investment & Trading JSC – Sportswear specialist; revenue grew from $277M (2023) to $302M (2024).

  4. Song Hong Garment JSC – Eco-friendly textiles, 70% of exports to U.S.; revenue $206M in 2024.

  5. Thanh Cong Textile and Garment JSC – Yarn-to-garment integration; fabric revenue $148.9M (2024).

  6. Viet Tien Garment – Serves Uniqlo, H&M, Levi’s; revenue $381M (2024).

  7. Hoa Tho Textile & Garment JSC – Revenue up 53% to ~$195M; Vinatex member.

  8. Fashion Garments 2 (FGL) – Broad product range: hoodies, leggings, jackets.

  9. Thai Son S.P. Sewing Factory – Circular knitwear specialist; SA 8000, Oeko-Tex, BSCI certified.

  10. Dony Garment Company Limited – Supplies uniforms and casual wear to Canada, U.S., Europe, Japan, and Korea.


Vietnam’s Export Momentum & Global Appeal

Vietnam benefits from:

  • Government Support: Tax incentives, infrastructure development, and FDI attraction.

  • Competitive Labor Costs: Lower production costs compared to regional peers.

  • Skilled Workforce: Expertise in high-quality textile and garment production.

  • Strategic Location: Easy access to ASEAN, China, India, and global markets.

Vietnam’s textile exports are forecasted to reach $47–48 billion in 2025, supported by strong players like Vinatex, Phong Phu, TNG, Song Hong, Thanh Cong, and Viet Tien.


Why Global Buyers Prefer Vietnam

  • Cost-Effective Pricing: Competitive labor and material sourcing.

  • High Quality & Compliance: International standards for QC and timely delivery.

  • Large Production Capacity: Over 19,000 exporters handle both small-scale and large-volume orders.

  • Sustainability: Investments in eco-friendly technologies and green certifications.


Choosing the Right Vietnamese Supplier

When sourcing fabrics or garments, consider:

  • Product quality and certifications

  • Competitive pricing

  • Delivery timelines and reliability

  • Transparent communication

VietnamExportdata provides verified access to 10,000+ textile suppliers, helping buyers connect with the right partners. For customized insights on Vietnam textile exporters and Vietnam textile exports contact info@tradeimex.in

Conclusion

Vietnam’s textile and garment sector continues to thrive, led by top-tier manufacturers and supported by strong government policies, skilled labor, and strategic location. As the country approaches $47 billion in garment exports by 2025, international buyers can confidently source high-quality textiles, fabrics, and apparel from Vietnam’s leading exporters.

Vietnam remains a key player in global textile trade, bridging supply chains and delivering value to markets like the United States, Europe, and Asia, positioning itself for continued growth and global relevance.

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