The struggle of Vietnam in its potential markets – Japan and South Korea – continues due to slow market recovery in these countries, while the exporters seized more market share in its top market – USA.
Business News
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In comparison, the company had posted a net profit of Rs. 90 crore in the corresponding period of the previous fiscal year.
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This Vietnamese fashion label is now eyeing countries of Southeast Asia.
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Trade Data
Vietnam’s apparel sector could be massively hit if US raises duties on imports from Vietnam
The apparel sector of Vietnam may have to face some tough weather if US imposes broad-based duties on imports in relation to a probe on currency manipulation.
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Italian firms are now keen to take advantage of EVFTA and invest in Vietnam’s textile sector!
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As EVFTA came into effect on 1 August, VINATEX has asked domestic sector to meet ‘origin regulations’ to enjoy benefits of the deal.