Textile-garment targets up to 48 billion USD in 2023 export turnover

Textile-garment targets up to 48 billion USD in 2023 export turnover

Textile and garment exports may reach 47 - 48 billion USD in the positive scenario for 2023 and 45 - 46 billion USD in the lower-case scenario, said the Vietnam Textile and Apparel Association (VITAS).
Textile and garment export is expected to be US $44-47 billion in 2023

Textile and garment export is expected to be US $44-47 billion in 2023

VCN - It is expected that in 2022, textile and garment exports will reach the destination of about US$43 billion. The decline in orders is likely to persist in the first quarter of 2023, but in the third and fourth quarters of 2023, the total world textil
Vietnam"s garment export value up in nine months

Vietnam"s garment export value up in nine months

Vietnam's textile and garment export value reached 35 billion USD in the first nine months of 2022, up 21% over the same period last year.
Garment, textile, footwear industries face declining in orders

Garment, textile, footwear industries face declining in orders

Enterprises in the textile, garment and footwear industries are facing a decrease in orders through the rest of this year and possibly into the next year.
Int

Int'l Textile & Garment Industry exhibition opens in HCM City

The 20th Vietnam Int'l Textile & Garment Industry (VTG) exhibition officially opened at the Sài Gòn Exhibition and Convention Centre (SECC) in HCM City’s District 7 and will run from September 21 to 24.
Garment sector

Garment sector's local procurement rate up but challenges ahead

Vinatex’s report also revealed that the export revenue between January and August was worth US$30.2 billion, a rise of nearly 20 per cent over the same period last year.
Việt Nam

Việt Nam's garment exports to the UK increase

The figure for the whole industry was $26.3 billion in the past eight months, up 24.3 per cent over the same period of last year.
Many textile and garment enterprises are short of orders when inflation in the US and EU increases

Many textile and garment enterprises are short of orders when inflation in the US and EU increases

VCN - According to Mr. Truong Van Cam, Vice President and General Secretary of the Vietnam Textile and Apparel Association (Vitas), the high inflation rate in major textile and garment consuming markets such as the US, EU is affecting orders and unit pric
Flexible textile exports to meet changing regulations from the EU

Flexible textile exports to meet changing regulations from the EU

VCN - As one of the leading textile and garment export markets of Vietnam, the EU increasingly attaches importance to the development of the circular economy, minimizing the impact on the environment, thereby offering specific and stricter solutions to im
HCM City to host Vietnam-Taiwan textile-garment industry show

HCM City to host Vietnam-Taiwan textile-garment industry show

A Vietnam-Taiwan textile and garment industry exhibition will open on August 23 in Ho Chi Minh City.
Garment-textile exports set to hit 45.7 billion USD this year

Garment-textile exports set to hit 45.7 billion USD this year

Vietnam expects to earn 45.7 billion USD from garment-textile exports this year amid good results recorded since the beginning of this year and positive market developments.
Garment-textile exports forecast to face challenges in second half

Garment-textile exports forecast to face challenges in second half

Vietnam’s garment-textile exports are likely to encounter a host of challenges in terms of both market and supply chain in the second half of this year despite positive results in the first half, heard a seminar in Ho Chi Minh City on June 21.
Việt Nam sees growth in garment exports in first five months

Việt Nam sees growth in garment exports in first five months

Việt Nam achieved high export growth in the first five months of this year as businesses strived to promote investment in production and exports.
Textile - garment sector sees strong growth

Textile - garment sector sees strong growth

The Vietnam National Textile and Garment Group (Vinatex) enjoyed a year-in-year surge of 144.2 percent in revenue to over 5.15 trillion VND (224.26 million USD) in the first quarter of 2022, completing 28.5 percent of its target for the whole year.
Bright outlook for textile industry but investors should still be cautious

Bright outlook for textile industry but investors should still be cautious

The textile and garment industry is forecast to have a bright prospect in 2022, but as share prices have increased sharply since 2021, many stocks may not continue to rise significantly. As a result, analysts say investors should only prioritise enterprises with good fundamental growth.
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