Want to be in the loop?
subscribe to
our notification
Business News
TEXTILE, GARMENT EXPORT TURNOVER INCREASE SLIGHTLY
The second biggest market is Japan with nearly US$1.55 billion, up 4.4 percent and the third biggest market is South Korea with US$1.07 billion, a rise of 13.7 percent.
However, a representative from the Ministry said that US importers just expected to clear out inventories rather than laying new orders. Accordingly domestic businesses are facing difficulties in finding new orders.
Vietnam expects to benefit from the Trans-Pacific Partnership (TPP) however its effects may cause difficulties because countries that are not TPP members have adopted many policies to increase its competitiveness capability.
With such barriers, the US$ 39 billion export target of textile and garment will hardly be reached. Economists forecast that in 2017, Vietnamese textile and garment will face more difficulties because the world demand shrinks.
Source: Business Times
Related News
VIETNAM ECONOMY INVESTMENT
FOREIGN INVESTORS SEEKING A SYNCHRONISED MANUFACTURING ECOSYSTEM
Instead of focusing only on land costs and incentives as usual, foreign investors are seeking a synchronised manufacturing ecosystem, from stable power supply and logistics to shared infrastructure and the convenience of completing residence procedures for experts to serve their long-term investment in the country.
INFRASTRUCTURE / CONSTRUCTION / LOGISTIC / PORT
DONG THAP PROVINCE STEPS UP INDUSTRIAL EXPANSION AND INFRASTRUCTURE CONNECTIVITY
Accelerating public investment, strengthening inter-regional connectivity, and expanding industrial land are helping Dong Thap efficiently bolster competitiveness and drive economic growth. Following the 2025 merger of the former Dong Thap and Tien Giang provinces, the expanded Dong Thap province in the Mekong Delta faces mounting pressure to accelerate infrastructure development and strengthen connectivity among local economic zones, urban areas, industrial parks (IPs), and production centres.
PROPERTY / INDUSTRIAL ZONE
HCM CITY ATTRACTS US$5.7 BILLION INTO EXPORT PROCESSING AND INDUSTRIAL ZONES
HCM City attracted US$5.7 billion in domestic and foreign investment into its export processing and industrial zones during the first nine months of 2026. The figure exceeded the city's full-year target by 31 per cent, highlighting strong momentum in high-quality industrial investment under Resolution No.10-NQ/TW. Total investment reached 131 per cent of the 2026 target of $4.25 billion and represented a 29 per cent increase compared with the same period in 2025, according to the city's Export Processing and Industrial Zones Authority (HEPZA).
BANKING / FINANCE / INSURANCE / TAX
REMITTANCES TO HCM CITY RISE NEARLY 40% IN Q3
Remittances to HCM City reached more than US$2.83 billion in the third quarter of this year, up 39.5 per cent from the previous quarter and 3.6 per cent year-on-year. This was the first quarter showing positive annual growth this year, helping narrow the decline in remittance inflows over the first nine months. According to the State Bank of Vietnam (SBV)’s Regional Branch 2, remittances transferred to HCM City through credit institutions and economic organisations totalled $2.835 billion in Q3, an increase of more than $802 million from the previous quarter.
VIETNAM ECONOMY INVESTMENT
LOCALITIES REPORT BREAKTHROUGH RESULTS IN FDI IN FIRST NINE MONTHS
In Ho Chi Minh City, total registered capital reached $17.2 billion in the first nine months, up 4.2 times from the same period last year. The figure included more than $9.35 billion in newly registered capital and over $4.9 billion in additional capital for existing projects. Foreign investors also registered more than $2.9 billion through capital contributions and share purchases.
TECHNOLOGY
TECH SECTOR GROWTH OPENS UP OPPORTUNITIES FOR VIỆT NAM TO GO GLOBAL
The growth of the electronics, semiconductor and high-tech sectors worldwide is opening up a variety of opportunities for Vietnamese enterprises to integrate more deeply into the global supply chain. However, to become suppliers for these corporations, domestic enterprises must meet rigorous standards regarding quality, technology, productivity and order fulfilment capabilities.
Events Sponsors
