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Tag Archives: Vietnam Textile Market Trends News

Layoffs hit Vietnam textile-garment workers hardest

Layoffs hit Vietnam textile-garment workers hardest

Layoffs hit Vietnam textile-garment workers hardest: Textile and garment workers make up most workers discharged in the first five months of the year due to difficult economic conditions. Attending a National Assembly meeting on 04 June, 2023, Minister of Labor, Invalids and Social Affairs Dao Ngoc Dung said nearly 2,80,000 …

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Weakening Global Demand Hurts Vietnam Garment Industry

Textile Industry

Weakening Global Demand Hurts Vietnam Garment Industry: HANOI, November 7, 2022 – 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. Low …

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