Several apparel manufacturers in Vietnam are feeling the impact of decreasing demand in international markets over the last few months.
Several apparel manufacturers in Vietnam are feeling the impact of decreasing demand in ...#
This year, garment exporters have failed to repeat the steady growth observed for the last few years.
Several apparel manufacturers in Vietnam are feeling the impact of decreasing demand in ...#
For example, BH Textile Company in Ho Chi Minh City’s Go Vap District, which normally had contracts signed for the full year, has contracts signed only till August this year. The company has already reduced the number of workers at its factory to 120 from the earlier 500.
Several apparel manufacturers in Vietnam are feeling the impact of decreasing demand in ...#
Another company, Nha Be Co (NBC), said export orders from its traditional markets have decreased by 15 percent year-on-year during the first six months of the current year.
Several apparel manufacturers in Vietnam are feeling the impact of decreasing demand in ...#
According to the Vietnam Textiles and Apparel Association (VITAS), export orders for clothing sector have dipped by over 10 percent this year compared to the same period last year.
Several apparel manufacturers in Vietnam are feeling the impact of decreasing demand in ...#
In view of declining exports to traditional markets, some Vietnamese garment companies are promoting their products in Russia, while some others are expanding in the Middle East and Africa.
Several apparel manufacturers in Vietnam are feeling the impact of decreasing demand in ...#
One particular company has opted for the franchise route to sell its products in the foreign markets.
Several apparel manufacturers in Vietnam are feeling the impact of decreasing demand in ...#
Fibre2fashion News Desk - India