Vietnam's textile and garment exports are expected to soar by at least 13 per cent this year to more than US$2.15 billion, a leading industry figure claimed on Tuesday.

Le Quoc An, chairman of the Vietnam Garment and Textile Association, said continued expansion, coupled with the new Vietnam-US trade agreement would trigger a cash windfall for many clothing manufacturers.

His comments come just weeks after the government approved a garment and textile development strategy which aims to boost the sector's exports to US$5bn over the next four years and create up to 900,000 new jobs in the industry.

Vietnam recently became Japan's fourth major supplier of garments and textile, while the country has established a regular customers network in European countries and local products entered non-quota markets such as South Korea, Taiwan, Singapore and Australia.