Vietnam’s garment-textile sector strives to achieve a total export value of 68-70 billion USD, according to the development strategy for the apparel and footwear industry to 2030, with a vision to 2035.

The index of industrial production in the first quarter continued to flourish with a year-on-year increase of 7.07 percent, the General Statistics Office said.

Vietnam’s industry sector recorded growth rate of 3.36% in 2020.

Industry, construction sectors record highest growth rate in the first nine months of 2020.

The private economic sector invested over 26.8 billion USD in the economy during the nine-month period, accounting for 45.3% of the total social investment capital, demonstrating the sound policy of the Party on facilitating the private sector to become an important driver of the national economy.

In the first nine months of 2019, industry and contrustion sector makes up 52.6 percent of the overall economic growth

During the first seven months of 2019, eight groups of agro-forestry-aquatic products posted export turnover of over one billion USD, making up 75% of total export turnover of the sector.

Vietnam ranks second in ASEAN in manufacturing PMI

Vietnam's industrial production index rose 9.4 percent on-year in the first seven months of this year. Main driver of the surge, the processing and manufacturing sector, went up 10.7 percent.

Vietnam’s manufacturing sector blooms

Taking advantages from free trade agreements Vietnam has signed, the textile and garment sector sets a target of earning 40 billion USD from exports in 2019.

The tourism sector has reached its target of receiving 5.7 million foreign tourists set out in the municipal Party Committee’s resolution on tourism development in 2016-2020 two years ahead of schedule.