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…
TEXTILE SECTOR BRACES FOR $473 MLN COVID-19 SETBACK
Le Tien Truong, CEO of Hanoi-based Vietnam National Textile and Garment Group (Vinatex), said that the figure was calculated based on the assumption th…
COVID-19 PANDEMIC CHALLENGES GARMENT AND TEXTILE BUSINESSES
According to Phạm Xuân Hồng, Chairman of the HCM City Association of Garment Textile Embroidery and Knitting, customers said they needed to stop rece…
VIETNAM’S GARMENT-TEXTILE EXPECTS BOOM IN 2020
The Fourth Industrial Revolution’s impacts on production mindset and methods are tangible. An example is Duc Quan Investment and Development JSC in t…
APPAREL EXPORTS DOWN, LEATHER FOOTWEAR SHIPMENTS UP
Although the revenue from apparel exports over the period amounted to an estimated US$29.9 billion, up 7.8% year-on-year, the number of orders shippe…
TEXTILE AND GARMENTS LIKELY TO HIT $40B IN EXPORTS THIS YEAR
“After a quiet period, the fibre sector has started to prosper. Customers are showing more interest in it while the price has also recovered. We hope the ma…
TEXTILE-GARMENT SECTOR EXPERIENCES HARDSHIP
The Ministry of Industry and Trade has issued a report, noting that the U.S.-China trade tensions have affected currency exchange rates, resulting in higher…
EXPORT EARNINGS FROM COMPUTERS AND ELECTRONICS OUTPACE APPAREL INDUSTRY
As an indication of Vietnam’s entering the ranks of countries with more industrialized economies, Vietnam’s export earnings from computers, electronic pr…
