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Vietnam’s apparel exports to rise 7.4 per cent

  

Despite surging COVID-19 cases, Vietnam's apparel exports are expected to rise by 7.4 per cent this year to $43.5 billion as factories continued production. The country recently lifted most of its COVID-19 restrictions as it expects a milder impact on the garment and textile industry owning to a high vaccination rate, says Troung Van Cam, Vice Chairman, Vietnam Textile and Apparel Association.

Vietnam does not intend to impose new lockdowns despite recording 31,800 new COVID infections as most of its apparel workers have now being vaccinated. The country has managed to restrict supply chain disruptions due to its flexible policies to tackle the pandemic and restore business. The tourism ministry has proposed fully reopening the country to foreign tourists from March 15, three months earlier than planned.

 
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