Hanoi, Dec. 10 -- Vietnam's garment and textile sector is on track to rake in 46 billion USD in export revenue this year, falling short of the 48-billion-USD goal and underscoring mounting pressure for deep restructuring as global headwinds expose structural vulnerabilities.
Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS), attributed the 2-billion-USD gap to persistent global headwinds in 2025, including new US tariffs triggered by escalating US-China trade friction, subdued demand in the US and EU, and late-year typhoons that halted factories and snarled domestic logistics.
Geopolitical fragmentation, the looming EU Carbon Border Adjustment Mechanism and stricter rules-of-origin requirements further disrup...
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