The unpredictable fluctuations of the global economy, particularly the escalating military conflict between the US and Iran, have increased the risk of prolonged transport disruptions, driving up the costs of raw materials, fuel, and logistics. This has not only created significant pressure but has also eroded the profit margins of businesses, including those in the textile and garment industry.

In the first nine months of 2025, Viet Nam’s total textile and garment export turnover reached nearly 34.8 billion USD, an increase of more than 7.7% compared with the same period in 2024. This is an impressive figure amid many unfavourable market developments. The achievement has laid a solid foundation for the industry to reach its export target of 48 billion USD.

A two-day APEC workshop has been held in Ha Noi, focusing on supporting small and medium-sized enterprises (SMEs) in the textile and garment industry to transition towards a circular economy.