Garment makers rake in US$5.634 billion from exports in two months
VOV.VN - Garment and textile exports during the opening two months of the year reached US$5.634 billion, up 9.3% against the same period last year, according to the General Statistics Office (GSO).
At present, many domestic enterprises have secured export orders until the second quarter of the year.
However, from the third quarter of the year there are signs of business slowing down as customers are still waiting to see the impact of US tax policies on the economy.
Hoang Manh Cam, deputy chief of Office of the Board of Directors of Vietnam Textile and Garment Group, pointed out that the new United States tariff measures do no target Vietnam, and Vietnam is the least vulnerable country in the ASEAN region
Statistics show Vietnamese textile and garment exports to the US are still growing well, with the market share expected to increase in the coming time.
However, Vietnamese textile and garment enterprises have been advised to enhance compliance with origin regulations under the Uyghur Forced Labor Prevention Act (UFLPA) of the United States.
Garment makers pin hopes on coming year-end shopping season
VOV.VN - Despite ongoing challenges, Vietnamese garment makers are optimistic about the coming year-end shopping season, seeing it as an opportunity to meet the export earnings target this year.
