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Vietnam textile and garment companies faces shortage of orders this year

Related Keywords: Embroidery and Knitting Association, garment, HCM City Textile, high-value contracts, production plans, technical demand, TPP, Vietnam garment companies

Vietnam garment companies at this time last, around 80 to 90 percent of production plans was fulfilled for 50-60 percent of enterprises, while this year the figure is only 25-30 percent. Very few companies have orders for the fourth quarter of the year.

According to the chair of the HCM City Textile, Garment, Embroidery and Knitting Association, Pham Xuan Hong, many member companies of the association still needed orders.
 

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