Vietnam Textile Exports 2024-25: Top 10 Vietnam Clothing Manufacturers & Fabric Suppliers

In recent years, Vietnam has emerged as a major player in the global textile and apparel industry. With its competitive labor costs, skilled workforce, and strong government support, the country has become a top destination for textile manufacturing.  In 2024, Vietnam exported $44 billion worth of textiles and garments, reflecting an 11% increase compared to the previous year, as per Vietnam textile export data & Vietnam export data. Despite this dip, Vietnam held on to its global positioning as the third-largest textile exporter, capturing a 9% global market share, as per the global trade data. Data from 2024 highlights the presence of over 19,400 active textile and garment suppliers in Vietnam, serving a global buyer network of 32,000+ companies.

Vietnam’s strong trade ties, especially with the United States, which accounted for $11 billion in imports, make it a strategic export powerhouse. More than 200 Vietnamese exporters have active trade relationships with U.S.-based buyers. The industry also shipped over 1.8 billion textile-related consignments to more than 140 international destinations, emphasizing the sector's scale and global penetration. With a greater export target of $47–48 billion for 2025, the Vietnam Textile and Apparel Association (VITAS) is hopeful about sustaining this growth momentum.  Let's take a closer look at the top 10 Vietnam clothing manufacturers and fabric suppliers that are leading the way in this thriving industry, with a key focus on Vietnam textile exports for 2024-25.

Vietnam Textile Industry Overview: Scale, Growth & Markets

Export Performance (2024)

• Overall exports (textiles, garments, and footwear) reached $71 billion in 2024, with the textile and garment segment contributing $44 billion, up 11% year-over-year.

• According to a findings repository, $44 billion in garment exports were reported for 2024, a 10.98% December y-o-y climb. 

Market Drivers & Outlook

• The U.S. remains the largest export market, accounting for 38% ($16.7 billion) of textile and garment exports in 2024.

• Other top destinations: Japan (+6% to $3.2 billion), South Korea (+10% to $2.5 billion), the EU, and China.

• Supply chain realignment due to U.S. tariffs incentives—shifting orders from China to Vietnam, and Turkey’s market-winning FTAs like EVFTA and CPTPP.

• Projected 2025 exports: $45.5–46 billion for garments alone.

• Early 2025 shipments hit $3.19 billion in January (–5.8% from December); the U.S. dropped 9%, counterbalanced by a +30% surge in South Korea.

Challenges

• Potentially heavy U.S. tariffs (up to 46%) threaten profitability.

• Raw material shortages, tight origin tracing, and environmental compliance are ongoing obstacles.

• Solid global competition—especially from India and Bangladesh—is expected.

Major Export Markets for Vietnamese Textiles: Vietnam Textile Exports by Country

Vietnamese textiles have gained significant traction in the global market, making Vietnam a key player in the textile industry. The USA is the biggest export market for Vietnamese textiles, as per the customs data on Vietnam textile exports to the US. The major export markets for Vietnamese textiles include the United States, Japan, South Korea, China, and the European Union. The top 10 Vietnam textile export destinations in 2024-25, as per the customs data on Vietnam textile exports by country, and the Vietnam customs data include: 

Top 10 Clothing Manufacturers & Fabric Suppliers in Vietnam

These companies were selected based on scale, export turnover, market reach, innovation, certifications, and reliable growth.

1. Vietnam National Textile & Garment Group (Vinatex)

• Profile: Vinatex is a state-owned giant comprising 50+ joint-stock & 40+ joint‑venture companies, producing 250 million sq ft of fabric annually.

• 2024 Highlights: Revenue ~ 17,225 billion VND (~$735 million); exports grew 7% y‑o‑y, orders forecasted through Q3 2025.

• Edge: Vertically integrated, FDI‑driven, with strong state backing.

2. Phong Phu Corporation

• Specialty: Comprehensive textiles & garments, fabrics, and ready-made garments.

• Scale: 1,000+ employees; advanced machinery from Japan, USA & Europe.

• Performance: Fabric division revenue grew from $68.35 million (2022) to $87.23 million (2024).

3. TNG Investment & Trading JSC

• Specialization: Activewear, sportswear (Decathlon, Asmara).

• Financials: Grew from $277 million (2023) to $302 million (2024); Q2 revenue up by 8.8% (+57% profit).

4. Song Hong Garment JSC

• Focus: High-quality apparel; export to U.S. (70% exposure).

• Growth: Exported volume ↑ 25% planned for 2025; fabric revenue from $177 million (2023) to $206 million (2024).

• Innovation: Embracing eco-friendly, sustainable textiles.

5. Thanh Cong Textile and Garment JSC

• Profile: Fully integrated from yarn to garment; heavy sustainability investments.

• Revenues: Fabric income rose from $129.9 million (2023) to $148.9 million (2024).

6. Viet Tien Garment

• Highlights: Listed fabric revenues grew from $336 million (2023) to $381 million (2024).

• Offerings: Ladieswear, menswear; clients include Uniqlo, H&M, Levi’s.

7. Hoa Tho Textile & Garment JSC

• Revenues: Up from $183.6 million (2023) to $199.4 million (2024) .

• Backing: Member of Vinatex; 2024 revenue ~$195 million, +53% profit.

8. Fashion Garments 2 (FGL)

• Capabilities: Broad product range—hoodies, jackets, yoga pants, leggings.

• Reputation: Strong innovation, international standards.

9. Thai Son S.P. Sewing Factory

• Specialty: Circular knitwear—sportswear, T-shirts, jackets.

• Certs: SA 8000, Oeko‑Tex, BSCI.

10. Dony Garment Company Limited

• Products: Uniforms, outerwear, khakis, casuals.

• Markets: Canada, USA, Europe, Japan, Korea, Singapore.

A Decade of Growth: Vietnam’s Textile Export Timeline in the Last 10 Years

Here’s how Vietnam’s garment and textile exports evolved over the last 10+ years:

Why Vietnam’s Clothing Manufacturers & Fabric Suppliers Capture the Spotlight

a. Revenue & Export Scale

Leaders like Vinatex, TNG, Song Hong, Viet Tien, and Hoa Tho each surpassed $200 million in fabric exports in 2024, with overall garment exports reaching $44 billion. 

b. Global Reach & Client Roster

Most have direct exports to the U.S., EU, Japan, Korea, etc. Major brands tied to these manufacturers include Adidas, Nike, Uniqlo, Lululemon, Levi’s, and H&M.

c. Integration & Capabilities

They all feature vertical integration (yarn-to-garment) and modern processes—digital, eco-certified, or sustainable.

d. Sustainability Credentials

Factories are investing in wastewater treatment, green energy, recycled fabrics, and certifications to meet EU/US environmental standards.

Global Context & 2025 Outlook

Supply Chain Shifts & Trade Policy

• U.S. tariffs (46%) on Vietnam risk production-cost hikes, with potential transshipment scrutiny.

• Trump’s trade diplomacy may reduce barriers, but uncertainty remains—that 90-day tariff freeze is temporary.

• Global brands face a scramble; some are looking beyond Vietnam to India, Turkey, and Mexico. 

Competitive Landscape

• India and Bangladesh are strengthening through lower costs and automation, but India’s labor costs ($180/month) remain above Bangladesh's ($139/month).

• Vietnam’s advantage: geography, modern infrastructure, high-quality garments, and FTAs.

Future Performance

• 2025 forecast: $45.5–46 billion garment exports; stable growth, barring policy shocks.

• Early 2025 shows mixed performance, but major players have strong Q2/3 books 

Strategic Takeaways

Growth of Vietnam Textile Exports

Vietnam's textile exports have been on a steady growth trajectory in the past few years. According to industry reports, the country's textile exports are expected to reach new heights in 2024-25. This growth can be attributed to various factors, including:

1. Strong Government Support

The Vietnamese government has been actively supporting the growth of the textile industry through various initiatives and incentives. These include tax breaks, subsidies, and infrastructure development, which have helped attract foreign investment and stimulate production.   

2. Competitive Labor Costs

Vietnam offers competitive labor costs compared to other manufacturing hubs in the region. This has made the country an attractive destination for companies looking to reduce production costs without compromising on quality.

3. Skilled Workforce

Vietnam boasts a skilled and disciplined workforce that is well-versed in textile manufacturing processes. This has enabled the country to produce high-quality textiles and garments that meet international standards.

4. Strategic Location

Vietnam's strategic location in Southeast Asia gives it easy access to key markets such as China, India, and the ASEAN region. This makes it an ideal hub for textile exports, enabling companies to reach a wide range of customers cost-effectively.

Vietnam’s Textile Export Momentum in 2024: A Closer Look

Despite a sluggish 2023, Vietnam’s textile trade picked up steam in 2024. During the first half of the year, exports rose 5.04%, totaling $16.52 billion.

The EU was a bright spot, accounting for over $1.91 billion, roughly 11.5% of Vietnam's overall textile revenue during the period. Among EU markets, the Netherlands showed the strongest rebound, with shipments surging nearly 20% to $565 million, as per the data on Vietnam textile exports to Netherlands. 

Other standout markets:

• Czech Republic: +49% to $14.5 million

• Slovakia: +55% to $1.74 million

• Luxembourg: +24% to $2.39 million

Why Global Buyers Trust Vietnam’s Textile Suppliers

Vietnam has emerged as a favored sourcing destination for these core reasons:

Competitive Pricing

Cost-effective labor and material sourcing give Vietnam a strong price advantage over regional competitors.

Quality & Compliance

Vietnamese manufacturers meet international quality standards and are known for reliable QC and delivery timelines.

Skilled Workforce

The country's experienced labor force ensures superior craftsmanship, especially in detailed garment construction.

Production Capacity

With 19,000+ exporters, Vietnam can handle both small-scale bespoke orders and high-volume production for big brands.

How to Choose the Right Fabric Supplier in Vietnam

Here are key factors to keep in mind when evaluating a textile or garment supplier in Vietnam:

• Product Quality: Always request samples and review certifications.

• Pricing: Compare quotes across suppliers to strike the right balance between cost and value.

• Delivery Timelines: Clarify lead times and expected turnaround before finalizing any order.

• Communication: Opt for suppliers who are responsive and transparent in their dealings.

Discover 10,000+ Verified Textile & Fabric Suppliers in Vietnam

VietnamExportdata offers exclusive access to a verified database of over 10,000 active textile, clothing, and fabric exporters in Vietnam. Whether you're sourcing casualwear, uniforms, or sustainable fabrics, the platform helps connect you with the right partners, backed by real trade data. Contact us at info@tradeimex.in to get a customized database report on Vietnam import-export data, and get a verified list of the top textile exporters in Vietnam.

Conclusion and Final Take

Vietnam’s textile and garment sector continues its impressive climb, marked by robust export growth, anchored by integrated, high-capacity manufacturers. With top-tier players like Vinatex, Phong Phu, TNG, Song Hong, Thanh Cong, and Viet Tien leading the charge, the country is poised to cross $47 billion in apparel exports in 2025, provided firms continue to embrace sustainability, diversify markets, and navigate evolving trade geopolitics.

Vietnam's textile industry is on a growth trajectory, driven by competitive advantages such as low labor costs, skilled workforce, and strategic location. With top clothing manufacturers and fabric suppliers leading the way, the country is well-positioned to capitalize on the growing demand for textiles in the global market. As Vietnam's textile exports continue to rise in 2025, it is clear that the country's industry players are poised for success in the years to come.

FAQS

1. What is Vietnam's position in the global textile and apparel industry?

Vietnam has emerged as a major player in the global textile and apparel industry, becoming the third-largest textile exporter, capturing a 9% global market share.

2. What is the value of Vietnam's textile exports in 2024?

Vietnam exported $44 billion worth of textiles and garments in 2024, reflecting an 11% increase compared to the previous year.

3. Who are the top export markets for Vietnamese textiles?

The major export markets for Vietnamese textiles include the United States, Japan, South Korea, China, and the European Union, with the United States being the largest export market, accounting for 38% of textile and garment exports in 2024.

4. Who are the top 10 clothing manufacturers and fabric suppliers in Vietnam?

The top 10 clothing manufacturers and fabric suppliers in Vietnam include:

• Vietnam National Textile & Garment Group (Vinatex)

• Phong Phu Corporation

• TNG Investment & Trading JSC

• Song Hong Garment JSC

• Thanh Cong Textile and Garment JSC

• Viet Tien Garment

• Hoa Tho Textile & Garment JSC

• Fashion Garments 2 (FGL)

• Thai Son S.P Sewing Factory

• Dony Garment Company Limited

5. What is the projected export value of Vietnamese garments in 2025?

The projected export value of Vietnamese garments in 2025 is $47-48 billion.