Shortening the pre-order time to 3 months, even canceling orders... are difficulties that textile and garment exporters face.
On the morning of September 8 in Hanoi, Mr. Cao Huu Hieu - General Director of Vietnam Textile and Garment Group (Vinatex) had a meeting with Mr. Masahiro Morofuji - Chairman of Textile and Garment Company, Itochu Group (Textile Company, Itochu). ), a major shareholder as well as a partner of Vinatex...
According to the General Department of Customs, in the first eight months of 2022, Vietnam's total export value reached nearly $252.6 billion, up 18.2% over the same period in 2021. Regarding imports, the total import value in the first 8 months of the year reached 247.11 billion USD, up 13.7% (equivalent...
Although the export turnover of textiles and garments in the past seven months reached more than 26.5 billion USD, up 16.5% over the same period in 2021, it is forecasted that enterprises in the industry are at risk of facing many difficulties in the future. In the coming time, when consumer demand declines,...