Why US brands prefer sourcing from Vietnam
In recent years the economic ties between the US and Vietnam has been on the rise. Since the US-Vietnam War in 1975, both countries normalized
Tag : Vietnam
Footwear dropped out from Vietnam’s top ten export items
Vietnam’s leather and footwear exports reached only $9.53 billion in the first seven months of the year, which exceeded $10 billion in the same period
Vietnam becoming next global manufacturing hub
Vietnam’s economy is the 44th-largest in the world and since the mid-1980s Vietnam has made the tremendous transformation from a highly centralized command economy with
Vietnam FTA to EU will hurt Indian apparel sector
After the EU Council adopted a decision on the conclusion of a free trade agreement (FTA) between the EU and Vietnam, almost complete (99%) elimination
Vietnam cuts interest rate to support virus-hit firms
To reduce the impact caused by COVID-19, Vietnam’s central bank is now offering interest rate cuts for firms. According to a statement from the State
Vietnam textile industry’s USD 472.64 million at stake
The Vietnam National Textile and Garment Group (VINATEX) stated that its garment and textile industry’s VND 11 trillion (USD 472.64 million) are at stake as
15% of Vietnamese firms slashes their production
15% of manufacturing companies in Vietnam have slashed their production as the textile and apparel industry hard hit due to coronavirus outbreak, reports Reuters. The
Bangladesh is still ahead of Vietnam in apparel exports
Industrialists were thinking that the continuous negative growth of apparel exports would change the global position of the Bangladesh apparel industry at the end of
Vinatex urges Vietnam’s garment factories to comply with ‘Rules of Origin’
The textile and garment factories must have to comply with ‘Rules of Origin’ if it has to benefit from the recently signed free trade agreements
Vietnam worries despite apparel export growth
Vietnam is the go-to destination amidst of US-China trade war for apparel sourcing. A staggering US$ 27. 4 billion apparel export with an incredible 10.4%
