26 C
Ho Chi Minh City
Tuesday, September 26, 2023


textile and garment

Stimulus measures needed for recovery

Stimulus policies are expected to play a crucial role in boosting aggregate demand and driving a stronger economic recovery in the second half of 2023. Aggregate demand weakens The global economy has been grappling with uncertainties since the start of 2023, primarily due to persistently high inflation, according to Associate Professor Dr. Nguyen Thanh Hieu, vice president of the National Economics University. This has prompted numerous central banks to adopt tight monetary policies, resulting in a deceleration of growth in major economies. Geopolitical factors, including the ongoing Russia-Ukraine military conflict, […]
To read more, please click here.

Garment sector severely hit by mass layoffs

HCMC - The textile and garment sector in Vietnam has witnessed a significant impact on its workforce this year, with around 70,000 employees nationwide...

Challenges surround garment enterprises

Textile and garment firms have been through a roller coaster ride, with profits going up in the first half of 2022 and nosediving during...

Vietnam’s products make their brands

Vietnam is considered one of Southeast Asia’s most booming high-end product markets, worth nearly US$1 billion. Recent years have seen the domination of foreign...

Vietnam’s textile exports jump to 10-year high

HCMC – Vietnam’s textile and garment exports in the first quarter of the year reached nearly US$8.7 billion, up 20.3% year-on-year, the highest ever...

Textile and garment industry under “green” pressure

If local manufacturers do not afford changes in line with sustainable and greener production, better energy conservation and higher responsibility to the environment, global...

Latest news