According to statistical data, Vietnam’s textile and apparel industry maintained its growth momentum during the first nine months of 2026. The industry’s total export turnover was estimated at USD 35.721 billion, representing a 3.3% increase year-on-year. Garments accounted for the largest share, with estimated exports reaching USD 28.237 billion, up 2.2% year-on-year. Meanwhile, yarn and thread exports were estimated at USD 3.605 billion, marking a 13.08% increase, while nonwoven fabric exports reached an estimated USD 610 million, up 7.77% compared to the same period last year.
Sourcing helps businesses identify, evaluate, and select suitable suppliers to ensure stable supply and optimize costs. In this article, IDC will explain what sourcing is, its benefits, common types, sourcing process, and supplier evaluation criteria.
Vietnam's leather and footwear exports reached US$19.54bn in 8 months of 2026. The US and EU remain the main markets. What it means for buyers.
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