Vietnam economy hit by slumping exports, power blackouts

Vietnam economy hit by slumping exports, power blackouts

Vietnam is expected to continue being a key beneficiary of the shift in global manufacturing supply chains towards competitive Southeast Asian manufacturing hubs, wrote Rajiv Biswas, Asia Pacific chief economist, S&P Global Market Intelligence.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

Textile, garment exports inch up to $43 bln despite global demand decline

Textile, garment exports inch up to $43 bln despite global demand decline

Vietnam’s garment industry estimates its 2022 export value at some $43 billion, compared to $40.4 billion last year, despite a sharp decline in orders in the second half of the year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

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