VOV.VN - Garment makers fear that the decision taken by the European Union to close its borders to slow down the spread of the novel coronavirus (COVID-19) will cause a significant impact on their production and business activities.
VOV.VN - Enterprises in the south are maximizing efforts to prepare material sources and expand production bases in the hope of further boosting exports to EU markets when the EU-Vietnam Free Trade Agreement comes into effect.
Five garment companies based in Van Lam district, the northern province of Hung Yen, signed collective labour agreements with their employees on July 14.
Textile, garment and footwear products made in Việt Nam will not enjoy immediate tariff cuts after the EU-Việt Nam Free Trade Agreement (EVFTA) comes into effect, according to a report from Bảo Việt Securities Joint Stock Company (BVSC).
Investing in logistics and applying lean management are considered two of the solutions to optimise the supply chain, helping domestic garment and textile firms to solve the issues related to warehousing operations to save costs and increase competitive capacity.
Vietnamese textile and garment firms should pay more attention to technologies and their value chains to sustain their growth, a conference on textile value chains heard on April 12.
The Ministry of Industry and Trade decided to withdraw Circular 37 on inspecting formaldehyde content in apparel material for local production.
Enterprises from Hanoi hope to find more business opportunities in the textile, garment and footwear industries in Eastern European countries in the future.