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garment
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Lack of orders, losses leave factories’ survival up in the air
Industrial producers are struggling to keep operations going as losses mount due to plunging orders and push many close to bankruptcy.
Layoff wave sweeps Vietnam's manufacturing hub as export orders dwindle
Tens of thousands of workers have lost their jobs due to the shortage of export orders, and the figure may surge if export markets do not recover soon, businesses fear.
Weakening global demand hurts Vietnam's garment makers: industry official
Vietnam's garment industry is expected to face a decline in orders from its key markets over the next two quarters, the country's textile and apparel association said on Monday, amid high inflation that is dampening global demand.
November 8, 2022 | 06:44 pm PT
From non-starter to happily ever after: a Vietnamese-Japanese story
During their first meeting nine years ago, Suzuki Fumiaki liked the Vietnamese woman but did not want to hook up with a single mother of two young children.
July 23, 2022 | 09:31 pm PT
HCMC's largest garment market operator cuts power to force vendors out
Some 50 out of 140 vendors at Dai Quang Minh, HCMC’s largest garment market, are left without power after refusing to sign new contracts with 50-130 percent higher rents.
July 20, 2022 | 07:37 pm PT
HCMC short of textiles, footwear labor
Textiles, clothing, leather and footwear (TCLF) factories in HCMC have reported they are struggling to recruit new workers while existing staff keep quitting.
July 4, 2022 | 05:32 am PT
HCMC's largest garment market delays rent hike after vendors' threat to leave
Satraseco, operator of HCMC's largest garment market, will go ahead with a 50-130 percent hike in rents for stalls, but has put it off until next year.
June 15, 2022 | 07:58 pm PT
HCMC market vendors to shut up shop to oppose rent surge
Over 90 percent of vendors at the largest garment market in Ho Chi Minh City have applied to cease operating in protest at plans to double rent.
June 6, 2022 | 02:00 am PT
Cotton rally squeezes Asian garment makers, threatens recovery from Covid
A near doubling in benchmark cotton futures to 11-year highs, hard on the heels of a spike in freight and fuel prices, is clobbering Asian apparel makers while their global retail customers are reluctant to soak up the extra costs.
June 1, 2022 | 06:26 pm PT
Job-hopping workers leave HCMC factories on their hiring toes
The orders are plentiful, but garment and footwear factories in HCMC and surrounding localities are finding hiring difficult as many workers hop jobs to land better offers.
February 21, 2022 | 05:00 pm PT
Labor shortages, higher freight costs see garment firms refuse orders
Textile and garment companies in the south have been forced to turn down new export orders amid labor shortages and potentially huge freight costs.
December 18, 2021 | 04:00 am PT
Major garment producer says did not lose Nike orders due to Covid restrictions
Viettien Garment Corporation has not lost any of its Nike orders to other countries since the American company could not find suitable alternatives, its chairman said.
November 15, 2021 | 08:14 pm PT
68 pct of garment, footwear firms suffer cancellations, penalties
Over 68 percent of garment and footwear enterprises in Vietnam have been penalized by their foreign customers for late delivery, some with cancellation and compensation demands.
October 9, 2021 | 11:13 pm PT
Seven Mekong Delta textile companies want workers immediately vaccinated against Covid
Seven textile companies in southern Tien Giang Province have sought priority Covid-19 vaccination of their workers to enable them to resume production.
September 15, 2021 | 09:22 pm PT
Covid causes first monthly loss for garment giant Thanh Cong
Major garment company Thanh Cong has reported its first monthly loss this year in August as housing workers at its plants as a precaution against Covid-19 spread increased costs.
September 15, 2021 | 09:04 pm PT
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