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Vietnam's textile, garment sector expects better performance in Q4

HANOI (Vietnam News/Asia News Network): Vietnam's textile and garment industry expects to have a better performance in production and business in the fourth quarter of this year, creating momentum for recovery in 2024. ....

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Vietnam court upholds death sentence for banker in $18mn embezzlement case

The former director of the OceanBank branch in Hai Phong City was sentenced to death for embezzlement ....

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Textile and apparel exports looking at significant recovery in 2021

Textile and apparel exports looking at significant recovery in 2021
09:59 | 01/04/2021
Export of textile and apparel items envisions bright prospect in the second half this year
According to statistics from the General Department of Vietnam Customs, Vietnamâs total textile and apparel export value stood at $35.2 billion, down nearly $4 billion on-year due to the COVID-19 outbreak affecting Vietnamâs major export markets, including the US, EU, and Japan.
However, the industry is forecasted to recover strongly this year as a vaccination scheme is being implemented across high-consumption countries for fashion products. In fact, successful control of the pandemic will accelerate market rebound, prompting demand for personal expenditure. ....

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