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VANNANG BANOK COMPANY LTD

THE TEXTILE AND GARMENT INDUSTRY PICTURE 2026

  • Wednesday, Day 11/11/2026
  • GROWTH DRIVERS, THE 'GREENING' WAVE, AND BREAKTHROUGH SOLUTIONS FOR FACTORIES

    1. Overview of the Textile & Garment Industry in the First 9 Months of 2026

      Total industry export turnover: According to figures from the Vietnam Textile and Apparel Association (VITAS), Vietnam's textile and garment industry is confidently aiming for the milestone of $47 – $48 billion in total export turnover for the entire year of 2026.

      Results for the first 9 months: In the first 9 months of 2026 alone, total textile and garment export turnover reached $37.3 billion, a 3% increase compared to the same period in 2025. Source: Vietnam Textile and Apparel Association (VITAS) – Export report on textile and garment breakthroughs via "Green and Digital."
       

    2. Forecast for the Final 3 Months of 2026 and Full Year 2027:


      Annual turnover target: The entire industry remains steadfast in its goal to reach $47 – $48 billion in export turnover in 2026.

      Key growth drivers: Growth is sustained by steady orders from major markets such as the United States (expected to reach around $18 billion), the European Union (EU), Japan, and South Korea, along with a shift in orders toward potential markets like Latin America and the Middle East.

      Requirements to meet green standards such as GRS (Global Recycled Standard) and ESG to qualify for processing contracts for the 2027 production season. Source: VietnamPlus (Vietnam's textile and garment sector aims for $48B export target); VOV Giao thong (2026 Textile & Garment Exports: From Recovery to New Challenges).

       

    3. Market Share Structure of Dominant Garment Products Shifts in global consumer preferences are reshaping Vietnam's key export product structure:


      Yarns & Raw Fabrics: Yarns account for about 9.4%, while various woven fabrics represent approximately 6% of total turnover.

      Embroidery fabric recorded a growth rate of +38.86%.

      Cotton fabric increased by +28.62%.

      Polyester fabric grew by +13.52%. The rise of high-end fabrics and sensitive surface textures demands maximum precision during factory finishing, sewing, and packaging processes to prevent product damage. Source: Innovative Hub – 2026 Textile & Garment Market Share & Scale Analysis Report.
       
    4. Garment Accessories: "Minor Details" Shaping Export Standards In the context of increasingly strict international trade regulations, garment accessories are no longer minor details but key indicators of factory capability:

      The wave of green accessory standardization: The entire packaging finishing ecosystem—including tag pins, plastic clips, hangers, safety pins, and marking pens—must comply with environmental standards. The EU and North American markets strictly enforce GRS (Global Recycled Standard) certifications for recycled plastics and Extended Producer Responsibility (EPR) regulations.

      Operational waste challenge: According to practical surveys on sewing lines utilizing VNB solutions, low-quality accessories (sharp burrs scratching fabric, rusted safety pins, jamming tag guns) directly cause a 3% – 5% QA/QC rejection rate and reduce packaging throughput efficiency by up to 15%. Source: TrusTrace – Extended Producer Responsibility (EPR) Regulations for the Textile & Garment Industry.

    5. Van Nang Banok (VNB) – Japanese-Standard Garment Accessory Solutions


      Riding the "Green Garment" wave: VNB provides recycled plastic tag pins and fast loops with international GRS certification (Recycled Tag Pin, Recycled VP Fas Loop, etc.), helping factories confidently pass sustainability audits from European and American partners.

      "Zero Burr" standard for 100% finished product protection: High-precision mold manufacturing lines ensure products like Plastic Clips, Collar Butterflies, Collar Bands, Rust-resistant Plated Safety Pins, and Heat-Erasable Pens achieve complete smoothness, eliminating risks of scratching or thread pulling on all high-end materials (silk, chiffon, knitwear).

      Packaging acceleration tools: Next-generation tag gun solutions such as Banok 101 (round-head needle for fabric protection) and VP Tool Pro FXL (fine-long needle 47.5mm dedicated to Denim/Wool) offer 100% jam-free operation, boosting packaging productivity on finishing lines."

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