Garment: Textile and footwear exports reach a new record of $71 billion in 2022

Garment Tin tức

Textile and footwear exports reach a new record of $71 billion in 2022

Textile, garment, and footwear had remarkable export turnovers of $44 billion and $27 billion, respectively, according to Vietnam Textile and Apparel Association (Vitas) and Vietnam Leather, Footwear and Handbag Association (Lefaso).

Vietnam's garment exports to Indonesia increase fourfold

The third quarter of 2022 saw an increase in garment imports from Vietnam, with the import turnover reaching $17.669 million, up from $15,972 million in the first quarter.

05/09/2022 - 13:54
A sustainable garment hub in Vietnam designed to reduce the carbon footprint of making a ...

If you’ve ever checked the label on that new shirt you just bought, there is a good chance that it was made in Vietnam.

08/08/2022 - 14:54
Vietnam's 2022 textile and garment exports expected to reach $45.7 ...

Based on the positive results achieved from the beginning of the year and the positive developments in the market, textile and garment exports are expected to reach $45.7 billion in 2022.

04/05/2022 - 12:31
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 in the first quarter of 2022, completing 28.5 percent of its target for 2022.

10/10/2021 - 14:37
68 pct of garment, footwear firms suffer cancellations, penalties

Over 68 percent of garment and footwear enterprises in Vietnam have been penalized by their foreign customers for late delivery, some with cancellation and compensation demands.

06/10/2021 - 11:39
Garment exports hit hard by labor shortage

Garment and textile firms face labor shortages and broken supply chains, and find it hard to fulfill their export orders, the Vietnam Textile & Apparel Association has said.

30/11/2020 - 15:14
Vietnam's 2020 textile-garment exports likely to reach $34 billion

Vietnam’s textile and garment industry is predicted to earn about $33.5 - 34 billion in 2020, higher than the forecast of $30-31 billion in April, down 14-15 percent year-on-year.

12/06/2020 - 11:09
Biggest employer in Ho Chi Minh City to fire 6,000 workers on order ...

Pouyuen Vietnam, employer of almost 70,000 workers in Ho Chi Minh City, plans to cut 6,000 employees on shortage of orders, Zing cited the company’s Chairman of Labour Union Cu Phat Nghiep.

21/03/2020 - 13:38
EU, US buyers' order postponment on virus pressure hurts Vietnam’s textile ...

Though EU and US have not officially decided to suspend textile and garment imports from Vietnam, local firms are struggling as buyers cancel or postpone orders due to the pandemic.

20/03/2020 - 13:23
EU and US temporarily suspend textile and garment imports from ...

EU and US temporarily suspended garment imports from Vietnam for 3-4 weeks, a decision raised concerns among local producers, Thanh Nien newspaper cited information from Ho Chi Minh City Embroidery Association.

03/12/2019 - 17:05
Vietnam’s garment and textile export to bag $40 billion

Total garment and textile export turnover in 2019 could reach target of $40 billion despite difficulties, said Vu Duc Giang, chairman of Vietnam Textile and Apparel Association.

19/10/2019 - 14:32
Recycled fiber is future of textile industry

In 2016, when major sportswear manufacturers Adidas, Nike, and Speedo successfully used recycled materials to produce their popular products, Century Synthetic Fiber Corporation found opportunity from this new market.