apparel

Update news apparel

Tax tweak puts strain on apparel makers

On-spot exports are now not subject to duty exemption, possibly derailing the recovery of textile and footwear companies.

Textile companies hope for better days ahead

Textile and garment companies have made big strides in the industry for the past decade, but 2020 was a challenge.

Pandemic-hit garment producers find way to weather crisis

The COVID-19 pandemic has left Vietnam’s textile and garment sector in deep trouble because of rising order cancellations and delays, but some producers have found a way around and been able to weather the storm.

Apparel sector urged to develop supporting industry to optimise EVFTA

Insiders have recommended Vietnam pay attention to developing weaving and other production activities supporting the textile-garment sector to make best use of the EVFTA, a freshly-inked free trade agreement with the EU.

BUSINESS IN BRIEF 12/6

 State sets new lending rates for VND loans; MoF may increase export tax on woodchips; Investors snap up Government bonds; VN's richest men increase asset value; Fishery firm ups profit by 31 times