Textile and garment exports are likely to hit 44 billion USD this year, according to the Vietnam Textile and Apparel Association.

Vietnam's textile and garment products have been exported to 104 countries and territories this year – a record number, said Chairman of the Vietnam Textile and Apparel Association (VITAS) Vu Duc Giang.

Vietnam's garment exports to the UK increased in August as Vietnamese enterprises take advantage of the UK-Vietnam Free Trade Agreement (UKVFTA) to expand their presence in this market.

Minister of Industry and Trade Tran Tuan Anh said on March 20 that EU and US authorities have yet to limit the import of garment products from Vietnam.

The export turnover of garment and textile products reached 5.3 billion USD in the first two months of 2020, down 3.5 percent year-on-year.

Cambodia's economic growth is expected to hit 7 percent in 2017 mainly driven by garment exports, construction, tourism and agriculture, said an official of the National Bank of Cambodia (NBC) on June 23.

The domestic garment and textile industry wants to revise a development plan to 2020 with vision for 2030, to match the progress of the country.

Vietnam is set to become the biggest beneficiaries of the Trans-Pacific Partnership (TPP) trade deal out of the four Southeast Asian participants, the other three being Brunei, Malaysia and Singapore.

Vietnam remains to be in top five of the world’s largest apparel exporters by raking in 28 billion USD from shipping garment products to foreign countries in 2015.