Now a day Vietnam is an emerging titan in the world Textile and Apparel industry . Vietnam is now possessing 3position as a Textile and Apparel manufacturer country after Bangladesh in the world. But it was not an easy way to hold this position. Vietnam joined World Trade Organization (WTO) in the year of 2007. It also got Free Trade Agreement in 2015-16 which includes European Union-Vietnam free trade agreement, Korean free trade agreement and Euro-Asian free trade agreement which boosted its Textile and Garment Industries.

Vietnam Textile & Apparel has a glorious history. As Vietnam economy was agricultural based from the earlier days they knew how to make delicate silk yarns from the cocoons. They also knew about the primitive weaving process to make the yarns into fabrics and then into garments. However its Textile industry started developing in 1958 in Northern region and in 1970 in Southern region. Some giant factories started building during this period.

It got exclusion of many non-tariff barriers under the 2001 United States and Vietnam Bilateral Trade Agreement and after joining the WTO in 2007 it concluded many free trade agreements which flourish its Textile industries.

It started investing in its spinning, weaving and knitting industries during 2001-2015 periods massively.

Though, this sector got global attention lately but now it managed to attract all the giant buyers worldwide.

In the year 2017 this sector earned over US$31 billion in export revenue, up 10% from 2016. Up to the 3

quadrant Vietnam earned US$25 billion from this sector. Export revenue in the year 2018 forecast at US$35 billion.