On Monday October 5 the General Statistics Office stated that Vietnam’s entire textile and garment export value in the first nine months of this year refused 10.3 percent yearly to approximately 22.1 billion United States dollars.
Its major export markets incorporated China, Japan, South Korea, the European Union and the United States, In September alone; Vietnam’s textile and garment exports dropped 1.3 percent yearly to 2.8 billion United States dollars.
The Vietnam Investment Review newspaper current account the garment and textile sector is between the sectors hardest strike by the Coronavirus pandemic, in company with tourism and aviation.
The account stated that at this point of time in preceding years, the textile and garment businesses would have received instructions for the rest of the year, nevertheless, because of the decreasing demand in the middle of the coronavirus pandemic, they were receiving instructions merely on a monthly or weekly foundation.
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Source: Vietnam Insider