garment and textile exports

Update news garment and textile exports

VN garment exports forecast to plummet due to lack of orders

Vietnam's garment and textile exports in the first four months fell 10 percent year-on-year to 10.63 billion USD and could fall much further as buyers cancelled orders due to COVID-19, according to the Vietnam Textile and Apparel Association (Vitas).

Garment and textile exports likely to reach US$42 billion in 2020: SSI

Export turnover within the textile and apparel sector is forecast to reach up to US$42 billion in 2020, representing an increase of 7.7 per cent compared to the figures from 2019, according to SSI Securities Corporation.

VN garment, textile export falls short of target but surplus impressive

Vietnam’s garment and textile exports were estimated at US$39 billion this year, slightly falling short of the US$40 billion target.