VOV.VN - Depending on the amount of exports exceeding the threshold, Vietnamese textile and garment products are set to be subject to the most favoured nation (MFN) tax rate for a period of six months or nine months.

VOV.VN - The Vietnamese garment and textile sector has found itself in dire straits to meet its US$39 billion export target this year as it is now facing supply chain disruption, order shifting to rivals and a shortage of workers as a result of the COVID-19 pandemic, according to industry insiders.

VOV.VN - Local businesses should take drastic preventive measures and speed up vaccination for their employees in order to adapt to the unpredictable challenges brought about by COVID-19 and live safely with the pandemic in the long-run, suggested industry insiders.

VOV.VN - Vietnam's exports to the Australian market during the past eight months of the year increased by 18.7% to reach over US$2.77 billion compared to the same period from last year, according to statistics released by the General Department of Vietnam Customs.

VOV.VN - The Taiwan Textile Federation (TTF) are set to host an online trade exchange from October 6 to October 7 in order to introduce the Vietnamese textile and garment industry and business opportunities between enterprises from both countries.

Vietnam’s garment-textile and footwear have borne the brunt of COVID-19 and firms in the sectors may take a long time to recover, experts said.

VOV.VN - Vietnamese export turnover to the United States is anticipated to surpass the US$96 billion mark this year as the trade surplus reaches highs of US$81 billion, according to industry insiders.

Vietnamese producers have been put under pressure because of the complex developments of the pandemic, but, in risks, opportunities always exist.

Vietnam overtook Bangladesh as the world’s second largest exporter of ready-made garments (RMG), with a turnover of US$29.8 billion, according to the World Trade Organisation.

VOV.VN - The local textile and garment industry continued to enjoy robust growth during the first half of the year as export turnover saw an annual increase of 15% to reach US$15.2 billion, according to the Ministry of Industry and Trade.