Nearly 270 Vietnamese and foreign companies are displaying a wide range of products for the textile and garment industry at the 2023 Vietnam Saigon Fabric and Garment Accessories and Industry (SaigonFabric Summer) Exhibition being held in HCM City from July 26 to 29.
The textile and garment industry is forecast to have a bright prospect in 2022, but as share prices have increased sharply since 2021, many stocks may not continue to rise significantly.
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Update: May, 11/2021 - 08:05 |
Garment products are made at TNG Investment and Trading JSC in Thái Nguyên Province. Shares of TNG have slumped 13 per cent compared to the beginning of April. VNA/VNS Photo Hoàng Nguyên
HÀ NỘI Despite a positive recovery in the first quarter of this year, textile company stocks continued to decrease.
Even though positive earnings and good export results were recorded, major stocks in the textile and garment industry lost ground.
Shares of Thành Công Textile Garment Investment Trading Joint Stock Company (TCM) dropped 12 per cent compared to the beginning of April, trading at around VNĐ117,000 (US$5.11) per unit.