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VN needs drastic reforms to create firm ground for economic growth: experts

Việt Nam’s economy has a good start with a growth rate of 5.66 per cent in the first quarter of this year, the highest rate since 2020. However, whether the recovery is firm remains a question.

Vietnam , Republic-of , Vietnamese , Central-institute-for-economic-management , Asian-develop-bank , World-bank , Apparel-association , Statistics-of-the-agency-for-business-registration , University-of-economics , Banking-strategy-institute , Forest-product-association

Apparel enterprises concern over business difficulties in Q2, despite rising orders in Q1

Policies on unemployment and social insurance have also created challenges in the labour market with a rise in minimum wage which raises input costs, but product prices have not increased.

Red-sea , Djibouti-general- , Djibouti , China , Garment-corporation , Apparel-association , European-union , Southern-textile , Nam-textile , Southeast-asian , Vietnam-news

FDI flow into garment and textile sector bounces back

The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.

Vietnam , Republic-of , Cambodia , Japan , Vietnamese , Yuji-furukawa , Workers-of-dony-garment-company , Hong-crystal-international-group , Industrial-vietnam-company-limited-under-china-weixing , Regional-comprehensive-economic-partnership , Nam-textile-apparel-association , Pacific-partnership

Textile industry in sustainability push to meet stringent requirements

Textile and garment businesses are making a green push with development of eco-friendly products adapted to global fashion trends and by meeting the stringent requirements under free trade agreements the country has signed, according to industry insiders.

Taiwan , Vietnam , Republic-of , Vietnamese , Apparel-association , Nam-textile , Textile-sector- , Coherent-market-insights ,

International textile, garment expo attracts over 1,000 exhibitors

International textile, garment expo attracts over 1,000 exhibitors
vietnamnews.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnews.vn Daily Mail and Mail on Sunday newspapers.

Japan , Belgium , Italy , Vietnam , Republic-of , Germany , Hong-kong , China , India , Saigon , H-chíinh , Vietnamese

Textile exports in 2023 face most difficult year in three decades

Expanding customer bases and diversifying products are the necessary solutions to maintain production and grow businesses, experts say.

Vietnam , Republic-of , Vietnamese , Apparel-association-vitas , Stock-company-garco , Nam-national , Garment-group , Nam-national-textile , Nam-textile , Apparel-association , Stock-company

VN textile exports in 2023 face most difficult year in three decades

VN textile exports in 2023 face most difficult year in three decades
vietnamnet.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnet.vn Daily Mail and Mail on Sunday newspapers.

Vietnam , Republic-of , Vietnamese , Stock-company-garco , Apparel-association-vitas , Nam-national , Garment-group , Nam-national-textile , Nam-textile , Apparel-association , Stock-company

Vietnamese businesses seek to retain domestic customers

After successfully conquering international markets, many businesses have returned to conquer the domestic market as more and more customers choose to buy Vietnamese products.

Vietnam , Republic-of , Vietnamese , Apparel-association-vitas , Nam-consumer-goods-development-association-nguy , Domestic-market-department , Ministry-of-industry , Pacific-partnership , Vice-president , Nam-textile , Apparel-association

Multinational corporations shift supply chains, affecting Vietnamese exports

Multinational corporations are focusing on investing in manufacturing plants in countries such as India, Mexico, Brazil, which increases competitors in Việt Nam’s main export markets.

Vietnam , Republic-of , China , Mexico , India , Brazil , Vietnamese , Ministry-of-industry , Garment-association-vitas , Nam-textile , Garment-association

Made-in-Việt Nam garment products exported to 104 markets

The garment and textile industry sets the goal for export revenue at $44 billion in 2024.

Russia , Japan , Cambodia , China , Canada , Vietnam , Republic-of , United-kingdom , South-korea , India , Republic-of-korea , Vietnamese