Hanoi (VNA) – Local garment producershave so far received less order than 2018 and the shortage of orders is becoming more common, heard a pressconference held by the Vietnam Textile and Apparel Association (VITAS) in Hanoion July 19.
The number oforders in the first half of 2019 was just equivalent to 70percent of the figure in the same period last year, said VITAS Vice President Truong Van Cam.
As the apparelindustry grew by less than 9 percent by the end of June, it must expand 11 – 12percent for the remaining months to fulfill the goal of earning 40 billion USD from exports this year.
Other majortextile and garment producers like India and Indonesia are facing a similarsituation as demands from customers are getting higher while pressure to cutcost and higher trade barriers, such as import duties or quality inspection are also taking atoll on them, he explained, saying that Vietnamese firms are no exception.
Foreign countries have taken several measures to supporttheir domestic exporters, for example, cutting corporate income tax and dutieson imported apparel materials, and devaluing their currencies, making it moredifficult for Vietnamese enterprises to compete with, Cam added.
He hoped thatthe situation would improve in the last six months as it is normally the timefor high-value orders for products like jackets, suits and winter sportswear.
Nguyen ThiHong Anh, VITAS Vice Secretary General, said to attract more orders, local producers must strictly comply withrequirements of buyers and protect workers’ rights.
According tothe VITAS, the textile and garment industry earned approximately 18 billion USDfrom exports in the first half of 2019, up 8.61 percent year on year. The figure included 14.02 billion USD worthof clothing and 1.02 billion USD worth of fabrics, up 8.71 percent and 29.9percent, respectively.
The US remained the biggest buyer who imported7.22 billion USD worth of textile and garment products, up 12.84 percent from ayear earlier. It was followed by member states of the Comprehensive andProgressive Agreement for Trans-Pacific Partnership (CPTPP) (2.57 billion USD,up 11.13 percent), the European Union (2.05 billion USD, up 10.46 percent), andthe Republic of Korea (1.37 percent, up 5.59 percent).–VNA
The Vietnam Textile and Apparel Association (Vinatex) has reported that total export earnings of the garment and textile sector in the first quarter reached nearly 8.7 billion USD, up 11.31 percent over the same period last year.
Labourers working in the garment-textile sector earn the lowest incomes in Vietnam, despite the industry having the second-largest export value, an official from the Vietnam General Confederation of Labour (VGCL) has said.
Vietnam’s total garment-textile export turnover was estimated at 14.5 billion USD in the first five months of 2019, a year-on-year rise of 9.11 percent.
Only by developing high quality and excellent designs could Vietnamese garment and textile firms boost their exports to Japan, a market that holds strict standards for imported products, according to the insiders.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Illustrative image (Source: VNA) 
