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Garment industry exports make recovery

Garment industry exports make recovery

Many garment companies have reported 10-15% year-on-year increases in exports in the first quarter and receiving enough orders to last until the third.
2023 most challenging year for Vietnamese garments: industry insider

2023 most challenging year for Vietnamese garments: industry insider

Vietnam targets $44B in textile, apparel export turnover in 2024

Vietnam targets $44B in textile, apparel export turnover in 2024

Vietnam businesses lose on home turf

Vietnam businesses lose on home turf

Nguyen Cao Phuong, a garment industry executive working in HCMC’s District 12, tried to replace Chinese suppliers with Vietnamese ones but was thwarted by buyers.
November 26, 2023 | 03:05 pm PT
Over 200,000 workers lose jobs as orders dry up

Over 200,000 workers lose jobs as orders dry up

In the second quarter, 217,800 workers were laid off in the textile and garment, footwear, woodwork, and electronic components industries mainly due to lack of orders.
June 30, 2023 | 08:41 pm PT
Lack of orders, losses leave factories’ survival up in the air

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.
April 17, 2023 | 08:08 pm PT
Layoff wave sweeps Vietnam's manufacturing hub as export orders dwindle

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.
November 24, 2022 | 02:15 am PT
Weakening global demand hurts Vietnam's garment makers: industry official

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

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

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

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

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

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

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

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
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