Vietnam's textile and garment exports set to decline further


The Ministry of Industry and Trade forecasts that Vietnam's textile and garment export value this year would reach US$33.6-36 billion. — Photo haiquanonline.vn

HANOI (Vietnam News/ANN): The Vietnam Textile and Garment Group (Vinatex) forecasts Vietnam's textile and garment exports will continue to decline by 14-18 per cent each month for the rest of 2020 over the same period last year.

The group also said the total textile and garment export value for this whole year is estimated to hit about US$32.75 billion, a year-on-year decrease of 16 per cent.

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Vietnam. garment , exports , textile , decline

   

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