On May 24, 2025, the WTO Safeguards Committee received the Notification from the Government of Indonesia regarding the Final Conclusion of the safeguard investigation on imported cotton yarn.
By the end of May, the total textile and garment industry's exports reached nearly 16.8 billion USD, including nearly 15 billion USD from exports of textiles and garments.
Vietnam must deepen the sweeping institutional reforms that are underway, strengthen the legal and regulatory environment, and improve both the scale and quality of public investment.
New orders continued to fall in May as US tariffs reportedly impacted demand for exports, according to the S&P Global Vietnam Manufacturing Purchasing Managers’ Index (PMI) released on Monday.