abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb

Diese Seite ist nicht auf Deutsch verfügbar und wird angezeigt auf English

Artikel

6 Apr 2023

Autor:
Thi Ha, VnExpress

Vietnam: Garment factories 'run out of orders' from buyers amid economic crisis, offering below-cost prices to retain business

"Garment enterprises run out of orders", 6 April 2023

Many garment enterprises only have orders for until April, whereas at this time last year they already had enough to keep them busy for at least two quarters.

The production manager at a textile enterprise in HCMC’s Thu Duc City said last year his company had to pick and choose orders to sign contracts, but now has orders only for this month.

Cao Huu Hieu, general director of the Vietnam National Textile and Garment Group (Vinatex), said the situation in the first few months of this year has been very bad. The values of many orders were reduced by 2-3%...

Pham Xuan Hong, chairman of the Ho Chi Minh City Textile and Garment - Embroidery Association, said major markets such as the U.S. and Europe have not shown signs of recovery...

Tuan said his company is accepting orders at low prices, even below cost, to keep its customers and employees.

"We expect the market will recover in the second half of the year to compensate for the first."

In Vinatex’s case, the group is planning to ensure there are cash flows and feedstock for when the market eventually picks up.

It is reducing redundant processes and seeking modern technologies for smart production with low costs but high productivity...

Garment exports for January-March fell 17.4% from a year earlier to $7.2 billion, according to the General Statistics Office.

Zeitleiste

Informationen zum Datenschutz

Diese Website verwendet Cookies und andere Web-Speichertechnologien. Sie können Ihre Datenschutzeinstellungen unten festlegen. Die Änderungen werden sofort wirksam.

Weitere Informationen über unsere Nutzung von Webspeicherung finden Sie in unserer Richtlinie zur Datennutzung und Cookies

Strictly necessary storage

ON
OFF

Necessary storage enables core site functionality. This site cannot function without it, so it can only be disabled by changing settings in your browser.

Analytics-Cookie

ON
OFF

When you access our website we use Google Analytics to collect information on your visit. Accepting this cookie will allow us to understand more details about your journey, and improve how we surface information. All analytics information is anonymous and we do not use it to identify you. Google provides a Google Analytics opt-out add on for all popular browsers.

Promotional cookies

ON
OFF

We share news and updates on business and human rights through third party platforms, including social media and search engines. These cookies help us to understand the performance of these promotions.

Ihre Privatsphäre-Einstellungen für diese Website

Diese Website verwendet Cookies und andere Web-Speichertechnologien, um Ihre Erfahrung über die notwendigen Kernfunktionen hinaus zu verbessern.