Retail sales in Vietnam’s garment sector exhibited a modest rise in October 2024, indicating steady consumer demand in this key industry, according to Vietnam’s Ministry of Industry and Trade data.
In September, sales in the garment category reached VND 20,686 billion, equivalent to US$0.81 billion. This figure edged up in October to VND 20,787 billion, or US$0.82 billion, reflecting a month-on-month increase of 0.49 percent.
Year-to-date, garment retail sales stood at VND 191,433 billion, or US$8 billion. While the growth rate remains moderate, the sector continues to play a vital role in the domestic retail market, buoyed by consistent demand and evolving fashion trends.
The stable performance underscores the resilience of Vietnam’s garment industry as it adapts to shifting consumer preferences and broader economic conditions.
See also: Garment Manufacturing in Vietnam