As Vietnam’s apparel producers are grappling with excess inventory and declining orders, local manufacturers are having to move on in the face of financial...
Any hope for improving business conditions by midyear has faded due to dismal demand in main markets and macroeconomic instability.
New orders plunge
In its first-quarter...
Headwinds from slumping demand may pose further challenges for Vietnam’s export sector. To overcome difficulties, exporters need to gain a stronger foothold.
What does a...
HCMC – The Vietnam Textile and Apparel Association (VITAS) has forecast two scenarios for Vietnam’s textile and apparel next year.
VITAS said that exports of...
HCMC – Vietnam’s textile and garment export revenue is expected to hit US$47 billion in 2023, according to the Vietnam Textile and Apparel Association...
HCMC – High inflation in the United States could impact Vietnamese textile and garment exporters although their shipments there in the first half of...
HCMC – Vietnam's apparel and footwear exports to the United States and the European Union (EU) have grown significantly.
According to the General Department of Vietnam...