garment export

Update news garment export

Garment exporters face multiple challenges despite plentiful orders

Though the local textile-garment sector has received a host of orders, it is struggling with shortages of input materials and human resources, and rising logistics costs.

Garment and textile exports likely to reach US$38 billion this year

With export turnover surging by 11% to reach approximately US$32 billion during the past 10 months of the year, the local garment and textile industry is anticipated to rake in roughly US$38 billion this year.

Made-in-Vietnam textile products to be sold on Amazon

If sales through Amazon online stores worldwide are successful, Vietnamese products will have brand positioning in markets worldwide.

VN export sector sees growing momentum for recovery

Vietnam’s export value recorded in the first four months of the year rose 4.7% against the year-ago figure to reach nearly US$83 billion, with trade surplus of an estimated US$3 billion, according to the General Statistics Office.

Garment, textile industry gradually loses its advantages

Export target of US$40 billion of garment and textile industry this year is on the verge of failing to achieve due to several difficulties, such as a shortage of orders and high dependence on imported materials. 

BUSINESS IN BRIEF 13/12

Thai Nguyen approves incentives for Samsung; Vietnam on course to become largest rice exporter; Garment export to hit $24.5 billion in 2014; Foreign firms win HR awards; Saigon VRG to build Industrial Park in HCM City

Textile & garment companies short of orders for rest of year

 VietNamNet Bridge – Many small-and medium-sized garment companies in HCM City reportedly have received only half to 60 percent of the orders they expected this year.