Vietnam’s textile exports plunge in April
HCMC – Vietnam’s textile and garment industry generated only US$3.06 billion in export revenue in April, down 20.6% year-on-year, according to the Vietnam National Textile and Garment Group, or Vinatex. The export value of textiles and garments in the first four months of the year reached only
Exploring new markets
Headwinds from slumping demand may pose further challenges for Vietnam’s export sector. To overcome difficulties, exporters need to gain a stronger foothold. What does a plunge in new orders indicate? New orders have dived among Vietnam’s key export industries, such as apparel, footwear and wood,