Vietnam garment manufacturing saw a decline of 2.5 percent in September 2024 compared to August, according to Vietnam’s Industrial Production Index. It has, however, still experienced significant year-on-year growth of 19.7 percent. Year-to-date, the sector grew by 9.9 percent, showing a more stable overall performance despite the recent monthly drop.
The index also found that the ready-made garments (excluding apparel) category, conversely, recorded modest growth of 0.5 percent in September with a year-on-year rise of 12 percent.
See also: Vietnam Garment Manufacturing Industry