Monday , November 25 2024

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Garment exports soar in early part of 2022, come down with a thud

Garment exports soar in early part of 2022, come down with a thud

Vietnamese garment and textile producers were overwhelmed with export orders in the first half of 2022, but things unraveled in spectacular fashion after mid-year as the global economy slumped. “2022 was an unprecedented year,” Le Tien Truong, chairman of the Vietnam National Textile and Garment Group (Vinatex), said, referring to …

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Vietnam becomes largest importer of S Korea

Vietnam becomes largest importer of S Korea

South Korea posted a trade surplus of $34.26 billion with Vietnam in 2022, according to the country’s Ministry of Trade, Industry and Energy. This is the first time Vietnam has become the largest trade partner of South Korea. The ministry reported that the South Korea’s export turnover to Vietnam last …

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