TEXTILE-GARMENT SECTOR URGED TO EMBRACE DIGITAL TRANSFORMATION
Garment and textile companies need to develop a strategy for digital transformation to ensure their survival and future development, a seminar heard in HCM City yesterday.
COVID-19 WOES: FOOTWEAR EXPORTS LIKELY TO FALL SHORT OF TARGET
Footwear exports this year are unlikely to hit the target of US$24 billion because of the fallout of the Covid-19 pandemic, according to the Ministry of Industry and Trade.
TEXTILE AND GARMENT EXPORTS SET TO CONTINUE DECLINING
The Việt Nam Textile and Garment Group (Vinatex) forecasts Việt Nam's textile and garment exports will continue to decline by 14-18 per cent each month for the rest of 2020 over the same period last year.
TEXTILE, FOOTWEAR COMPANIES CONFIDENT THEY CAN COPE WITH THIS COVID-19 WAVE TOO
Armed with experience from coping with the first wave of the COVID-19 epidemic, many textile and footwear enterprises are quietly confident they can alter their plans as required and find new markets to cope with the second.
NEW WAVE OF COVID-19 TO THREATEN STILL-STRUGGLING GARMENT INDUSTRY
With the second wave of Covid-19, Vietnam's textile and footwear industries, still reeling from the impact of the first, are likely to see things worsen.
FABRIC PRODUCTION AN ISSUE FOR TEXTILE INDUSTRY
“To take those advantages, the local textile and apparel enterprises must strengthen links among them to focus all sources on manufacturing materials meeting requirements on product origin in FTAs like the EU-Việt Nam Free Trade Agreement (EVFTA), especially fabric for producing export garment products," he told Việt Nam News.
TEXTILE AND GARMENT EXPORTS DOWN
Statistics showed Việt Nam's textile and garment exports in April decreased by 20 per cent compared to March, Trương Văn Cẩm, vice chairman of the Việt Nam Textile and Apparel Association (Vitas), said at an online seminar held by the association on Monday.
GARMENT, FOOTWEAR HARD HIT BY PANDEMIC
Right from the middle of the first quarter of 2020, a lot of major importers postponed and canceled orders, causing most domestic exporters to moderate production or even temporarily halt production.