Vietnam factory shutdown strains global fashion supply chain
The recent COVID-19-related shutdown in Vietnam is yet another challenge in the road that will likely impact holiday inventories during what has been an endless
Tag : Vietnam
Vietnam apparel export sees a record 15% growth in 5 months
One of the top textiles and apparel exporting countries, Vietnam observed a record 15% growth in its earnings from the export of garments in the
Vietnam embassy and DCCI, collaborate to ease trade, investment
The embassy of Vietnam in Bangladesh and the Dhaka Chamber of Commerce and Industry (DCCI) has signed a memorandum of cooperation to ease trade and
Vietnam RMG fetching better apparel prices than Bangladesh
Amid the COVID-19 pandemic, readymade garment (RMG) exports from Vietnam – one of the top apparel exporting nations in the world – have taken a
Vietnam eyes $39 bn textile-garment exports in 2021
Vietnam’s textile and garment industry is eyeing US$39 billion export revenue in 2021. Vietnam National Textile and Garment Group (Vinatex) recently said the country’s textile
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
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
