textile and garment sector

Update news textile and garment sector

Pandemic-hit garment producers find way to weather crisis

The COVID-19 pandemic has left Vietnam’s textile and garment sector in deep trouble because of rising order cancellations and delays, but some producers have found a way around and been able to weather the storm.

“Yarn forward” principle drives capital flow to fiber projects

VietNamNet Bridge - Eighty-five percent of textile and garment companies have outsourcing contracts with foreign partners, but the situation is expected to change when the Trans Pacific Partnership (TPP) Agreement becomes effective.