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Vietnam's textile & garment exports dip in 2023, miss $48 bn target

*.*pt"> Vietnam&#**;s textile and garment sector experienced an **.* per cent decline in exports during the last year, ****, totalling $**.*** billion, as reported by the Customs IT and Statistics Department of the General Department of Customs under Vietnam&#**;s ministry of finance. In December ****, exports increased by *.* per cent to $*.*** billion compared to the previous month. 

*.*pt"> The Vietnam Textile and Apparel Association (VITAS) had set an export target of $** billion for textiles, garments, and yarn in ****, assuming positive market conditions. However, the combined exports only reached $**.*** billion last year. Consequently, the shipments fell short by **.** per cent of the target for textile, garment, and yarn exports.