Although the market has not fully recovered, footwear and handbags export turnover is expected to return to growth in the fourth quarter of this year during the year-end shopping rush in European and American countries.

VOV.VN - Vietnam recorded a trade surplus totaling US$17.3 billion by mid-October, with import-export turnover during the first half of October reaching approximately US$25 billion, according to statistics released by the General Department of Vietnam Customs.

Garment and textile companies need to develop a strategy for digital transformation to ensure their survival and future development, a seminar heard in HCM City on October 6.

Plans by the United States to ban Chinese cotton is unlikely to affect Vietnam’s garment and textile industry as a large portion of the materials the Southeast Asian nation imports come from the US.

A shortage of raw materials remained an obstacle that needed to be removed if Vietnamese textiles and garment enterprises want to seize export opportunities in the European Union (EU) under the EU-Vietnam Free Trade Agreement (EVFTA), according to experts.

VOV.VN - The nation grossed billions of dollars from its export of telephones, textiles, footwear, and wood products to the United States during the first eight months of the year, according to figures released by the General Department of Vietnam Customs.

VOV.VN - Leading domestic and Thai businesses are displaying their products to local consumers at the four-day Top Thai Brands 2020 exhibition, which kicked off in Ho Chi Minh City on September 17.

The textile industry in the CLMV (Cambodia-Laos-Myanmar-Vietnam) has come under near-term threat from the global COVID-19 outbreak, especially for key producer Cambodia. ​

VOV.VN - Previous years have seen garment and apparel businesses have orders until the end of the year and into the first half of next year, while this year many firms are only be able to receive orders on a monthly or even weekly basis.

The Vietnam Textile and Garment Group (Vinatex) forecasts the country’s textile and garment exports will continue to decline by 14-18% each month for the rest of 2020 over the same period last year.