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Vietnam advised to expand exports, hold new markets | Business

Vietnam advised to expand exports, hold new markets | Business
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Republic ofHan iRamla khalidiTran thanh haiLe tien truongVietnam national garmentMinistry of industryMoit agency of foreignWorld bankGroup vinatexDeputy directorForeign tradeSai dongLong bienTextile group

Vietnam s garment, textile & leather exports rake $71 bn in 2022

Vietnam s garment, textile, and leather footwear exports earned around $71 billion in 2022 despite several challenges such as a global economic recession, as per the Vietnam.

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Textile, leather and footwear exports hit record high of US$71 billion last year

Despite enduring numerous difficulties, the garment, textile and leather footwear sectors raked in US$71 billion last year, according to details given by the Vietnam Textile and Apparel Association (Vitas).

Republic ofUnited statesLe tien truongGroup vinatexApparel association vitasVietnam national garmentVietnam textileApparel associationTextile groupExtile and leather footwearIetnam textile and apparel associationLe tien truong

Textile companies hope for better days ahead

Textile companies hope for better days ahead Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công 25/02/2021 11:42 GMT+7 Textile and garment companies have made big strides in the industry for the past decade, but 2020 was a challenge. Workers at Viet Tien Garment Corporation (VGG). From 2010 to 2020, the total revenue of Vietnamese textile and garment enterprises has increased four times from VND12.35 trillion to VND54.14 trillion. Viet Tien Garment Corporation (VGG) recorded a sharp decline in net profit by 65 per cent in 2020 to VND143 billion (US$6.2 million), the lowest profit rate in the last 10 years.

Republic ofViet tienThanh congTinh vinh phucLe tien truongWorkers at viet tien garment corporationGarment group vinatexMinistry of industryVietnam national garmentDamsan joint stock companyViet tien garment corporationGroup vinatexApparel associationTien garment corporationSan joint stock companyTextile group

Textile companies hope for better days ahead - Economy - Vietnam News | Politics, Business, Economy, Society, Life, Sports

Update: February, 24/2021 - 08:13 | Workers at Việt Tiến Garment Corporation (VGG). From 2010 to 2020, the total revenue of Vietnamese textile and garment enterprises has increased four times from VNĐ12.35 trillion to VNĐ54.14 trillion. VNA/VNS Photo HÀ NỘI Textile and garment companies have made big strides in the industry for the past decade, but 2020 was a challenge. Việt Tiến Garment Corporation (VGG) recorded a sharp decline in net profit by 65 per cent in 2020 to VNĐ143 billion (US$6.2 million), the lowest profit rate in the last 10 years. VGG attributed the decline to the negative impact of the COVID-19 pandemic around the world, especially in Japan, the US and the EU, the main export market of the corporation. Importers in these countries reduced their orders, leading to a decrease in VGG’s sales.

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