Exports face difficulties, businesses strengthen the domestic market

Exports face difficulties, businesses strengthen the domestic market

VCN - In the context that exports are expected to continue to face many difficulties in 2023, many enterprises said they would focus on strengthening the domestic market.
Textile-garment targets up to 48 billion USD in 2023 export turnover

Textile-garment targets up to 48 billion USD in 2023 export turnover

Textile and garment exports may reach 47 - 48 billion USD in the positive scenario for 2023 and 45 - 46 billion USD in the lower-case scenario, said the Vietnam Textile and Apparel Association (VITAS).
Vietnam’s textile, garment exports to Indonesia increasing: TexPro

Vietnam’s textile, garment exports to Indonesia increasing: TexPro

Vietnam’s textile and garment export turnover to Indonesia reached 10.057 million USD in September 2022, more than four times that of the previous month.
Textile and garment export is expected to be US $44-47 billion in 2023

Textile and garment export is expected to be US $44-47 billion in 2023

VCN - It is expected that in 2022, textile and garment exports will reach the destination of about US$43 billion. The decline in orders is likely to persist in the first quarter of 2023, but in the third and fourth quarters of 2023, the total world textil
Textile and garment sector bears the brunt of global uncertainties

Textile and garment sector bears the brunt of global uncertainties

Textile and garment businesses are facing pressure due to weaker purchasing power caused by mounting inflation and other global uncertainties.
Traceability of raw materials a big boost to textile industry competitiveness: experts

Traceability of raw materials a big boost to textile industry competitiveness: experts

Verified data and transparent supply chains are the leading factors in competitiveness in the textile industry, experts have said.
Garment, textile, footwear industries face declining in orders

Garment, textile, footwear industries face declining in orders

Enterprises in the textile, garment and footwear industries are facing a decrease in orders through the rest of this year and possibly into the next year.
Int

Int'l Textile & Garment Industry exhibition opens in HCM City

The 20th Vietnam Int'l Textile & Garment Industry (VTG) exhibition officially opened at the Sài Gòn Exhibition and Convention Centre (SECC) in HCM City’s District 7 and will run from September 21 to 24.
Many textile and garment enterprises are short of orders when inflation in the US and EU increases

Many textile and garment enterprises are short of orders when inflation in the US and EU increases

VCN - According to Mr. Truong Van Cam, Vice President and General Secretary of the Vietnam Textile and Apparel Association (Vitas), the high inflation rate in major textile and garment consuming markets such as the US, EU is affecting orders and unit pric
Fear of rising costs "overwhelms" businesses

Fear of rising costs "overwhelms" businesses

As reflected by businesses to Government leaders, rising costs have been a big challenge affecting the speed of recovery and growth in the last months of the year.
Flexible textile exports to meet changing regulations from the EU

Flexible textile exports to meet changing regulations from the EU

VCN - As one of the leading textile and garment export markets of Vietnam, the EU increasingly attaches importance to the development of the circular economy, minimizing the impact on the environment, thereby offering specific and stricter solutions to im
HCM City to host Vietnam-Taiwan textile-garment industry show

HCM City to host Vietnam-Taiwan textile-garment industry show

A Vietnam-Taiwan textile and garment industry exhibition will open on August 23 in Ho Chi Minh City.
Garment-textile exports set to hit 45.7 billion USD this year

Garment-textile exports set to hit 45.7 billion USD this year

Vietnam expects to earn 45.7 billion USD from garment-textile exports this year amid good results recorded since the beginning of this year and positive market developments.
Vietnam"s textile industry works on materials traceability for exports

Vietnam"s textile industry works on materials traceability for exports

Vietnam's textile industry is working on adapting to new requests for materials traceability from international markets.
Textile enterprises

Textile enterprises' results mixed in the second half of 2022

The demand for textiles and garments will tend to decrease due to the overbought of consumers in 2021, while high inflation is cutting people’s spending on unnecessary products.
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