Home / Knowledge / News / Apparel/Garments / Vietnam apparel export orders dip in Q2
Vietnam apparel export orders dip in Q2
23
May '12
Vietnamese garment exporters are experiencing a fall in orders for the second quarter of the current year, as majority of the country's traditional export markets are hit by economic crisis.

Resultantly, the exporters who usually secured orders till third quarter of a year at previous year end itself have all been struggling to get orders since 2011-end.

Vietnamese apparel and textile industry experienced a 10-15 percent year-on-year fall in export orders during the second quarter of the current year, which was an extension of a 30 percent fall in orders from the EU and 16 percent from Japan during the first quarter.

Moreover, rising emphasis on quality and ecologically-sustainable products in the US, EU and Japan also held back the demand for Vietnamese products.

In view of this, the Vietnamese clothing exporters are currently considering expansion in Russia, Australia and certain South American and North African countries.

To find out a way to help the country's apparel exporters cope with the difficult situation, the Investment and Trade Promotion Centre has opened an export forum for trade officers, economic experts and industry representatives in the HCM City.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search