Vietnam's garment industry is suffering from an unprecedented crisis due to COVID-19, but the pandemic has also offered significant opportunities for the country to become the world’s face mask hub.
Hurdles to surmount in smart manufacturing
Local enterprises are willing to move towards smart manufacturing but support from the government is necessary to do so in a proper manner.
Vietnam posts record trade surplus of nearly US$11 billion
Vietnam enjoyed a trade surplus of close to US$11 billion during the first 11 months of the year, with roughly US$1.45 billion being recorded during November, according to the latest statistics released by the General Department of Vietnam Customs.
Providing compliance for origin of exports
Exporters are seeing an increase in complexities when it comes to moving goods to the United States, amid global tensions and trade disputes with the world’s major powers.
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.
VN textile-garment thrives with technology
Adopting advanced technology and improving the localisation ratio of materials and accessories are textile and garment enterprises’ best chance.
Garment orders don’t increase as expected
Vietnam’s textile and garment companies are trying to find more orders to ensure continuous production from now to the end of the year.
More Vietnamese firms adopt human rights commitments
All major lead firms in the garment, footwear and electronics industries in Vietnam have adopted a policy commitment on human rights and ethical...