Vietnam exported yarn to the tune of US$360 million in October, 1.30 percent over September, according to preliminary data from Vietnam’s General Department of Customs.
Year to date, Vietnam had exported US$3,548 million worth of yarn by the end of October.
In October, Vietnam’s top export destination for yarn was China, accounting for US$198 million worth. This was up 1.13 percent over September. Year to date, Vietnam has shipped US$1,741 million worth of yarn to China.
After China, South Korea was the next biggest buyer of yarn from Vietnam. There was US$29 million worth of yarn shipped from Vietnam to South Korea in October, a jump of 15.05 percent. Its total for the year to date is now sitting at US$295 million.
The USA was also a major buyer, with US$17 million worth of yarn shipped to the country from Vietnam in October. This was a fall of 2.14 percent compared to September, for a total of US$194 million for the year so far.
Rounding out the top five was Taiwan spending US$12 million on Vietnam’s yarn, a 30.44 percent change for a total of US$104 million for the year, and Bangladesh with US$12 million, a -16.17 percent change month-on-month, for a total of US$146 million.
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Vietnam exports of yarn in October, US$millions
| October | September | MoM | YTD | |
| Total | 360.48 | 355.87 | 1.30% | 3,548.40 |
| Other | 60.14 | 63.28 | -4.95% | 716.23 |
| China | 197.75 | 195.54 | 1.13% | 1,740.88 |
| South Korea | 28.67 | 24.92 | 15.05% | 294.82 |
| USA | 16.97 | 17.34 | -2.14% | 194.03 |
| Taiwan | 12.09 | 9.27 | 30.44% | 104.14 |
| Bangladesh | 11.96 | 14.27 | -16.17% | 146.05 |
| Indonesia | 7.53 | 7.24 | 4.05% | 80.09 |
| Japan | 7.47 | 7.54 | -0.84% | 80.95 |
| Philippines | 6.08 | 6.93 | -12.29% | 68.41 |
| India | 5.91 | 4.82 | 22.58% | 60.26 |
| Thailand | 5.91 | 4.73 | 24.91% | 62.55 |
| Pakistan | 5.73 | 4.26 | 34.45% | 74.81 |
| Cambodia | 5.67 | 7.10 | -20.17% | 74.77 |
| Colombia | 4.86 | 4.10 | 18.55% | 49.67 |
| Brazil | 3.80 | 4.20 | -9.50% | 44.17 |
| Romania | 3.11 | 5.01 | -38.00% | 55.08 |
| Sri Lanka | 2.44 | 2.00 | 22.21% | 27.75 |
| UK | 2.21 | 1.65 | 33.84% | 18.31 |
| Egypt | 1.77 | 1.87 | -5.31% | 14.15 |
| Malaysia | 1.42 | 1.66 | -14.45% | 19.04 |
| Turkey | 1.13 | 0.81 | 40.13% | 14.78 |
| Hong Kong | 0.85 | 1.20 | -28.81% | 14.46 |
| Peru | 0.76 | 0.43 | 78.29% | 9.01 |
| Italy | 0.71 | 2.22 | -67.79% | 15.14 |
| Chile | 0.63 | 0.99 | -36.00% | 7.78 |
Listed yarn companies
Damsan Joint Stock Company
Damsan Joint Stock Company (ADS) produces and exports yarn, fabric, and textile materials, with operations concentrated in Thai Binh Province.
ADS closed at VND 8,190 on Friday up 0.03 percent with 414,000 shares traded, worth VND 338 million.
Foreign ownership in ADS is currently capped at 50.0 percent, with current foreign ownership sitting at 0.2 percent.
Century Synthetic Fiber Corporation
Century Synthetic Fiber Corporation (STK) produces polyester filament yarn and recycled fibre for textile manufacturing.
STK closed at VND 16,900 on Friday down 0 percent with 108,000 shares traded, worth VND 183 million.
Foreign ownership in STK is currently capped at 100.0 percent, with current foreign ownership sitting at 17.8 percent.
Thanh Cong Textile Garment Investment Trading
Thanh Cong Textile Garment Investment Trading JSC (TCM) manufactures and exports garments, yarn, and textiles.
TCM closed at VND 28,200 on Friday down 0 percent with 14,035,000 shares traded, worth VND 39,366 million.
Foreign ownership in TCM is currently capped at 50.0 percent, with current foreign ownership sitting at 48.5 percent.
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Vietnam garment industry news
Garment maker to pickleball court rental
Garmex Saigon, once a leading garment manufacturer, now earns most of its income from leasing land for pickleball courts, VnExpress reported at the end of October.
Its third-quarter revenue was just VND 452 million or about US$17,000, with 63.5 percent from a rental contract with Vinaprint, while garment sales contributed only VND 5.4 million or US$205.
After years without export orders, the company halted production in 2023 and laid off nearly all 4,000 workers, leaving only 29 staff by September 2025.
Viet brands capital raising
Vietnamese fashion start-up Coolmate completed its Series C funding round led by Vertex Growth Fund, with participation from Cool Japan Fund, YoungOne CVC, and existing investors, Dau Tu King Te reported in early November.
It says the new capital will drive three strategies: expanding into women’s sportswear (Go Women), opening physical stores (Go Offline), and scaling internationally (Go Global).
See the latest Vietnam news headlines→
Vietnam’s yarn industry
Vietnam’s yarn industry has expanded alongside the growth of the textile and garment sectors, producing cotton, polyester and blended yarns for both domestic use and export.
Foreign-invested manufacturers play a major role in output and technology, with exports going mainly to China, South Korea and Bangladesh as new mills and modern machinery boost production.
The industry remains exposed to fluctuations in global cotton and fibre prices, and local firms face competition from regional suppliers with lower costs.
High energy and logistics expenses affect profitability, while tightening environmental and wastewater standards are pushing producers to improve quality and move toward higher-value yarns.