Archive by tag: VietnamReturn
Investments into Vietnam Starts to Slow Down

Investments into Vietnam Starts to Slow Down

After a record US$21.93 billion in foreign direct investment (FDI) during the first seven months of 2017, a 52 percent year-on-year surge and the highest growth rate since 2011, investment has started to taper off..  Noteworthy, is that of all the FDI pouring into the nation only US$0.75 billion went to the textile and garment industry, despite Vietnam attracting an increasing volume of apparel orders. Manufacturing and processing industries continued to be the top sector, receiving US$10.8...
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Volume Orders Find a New Home in Vietnam

Volume Orders Find a New Home in Vietnam

While the Chinese suppliers are being forced to cater to smaller orders and move up the value chain, Vietnamese suppliers are happily picking up the big volume orders from China. “This years business is much better than last year since we are seeing buyers move their orders from China to Vietnam. In the past few months, at least 10 buyers have placed test order with us. If the tests go well, they’ll stay with us and run bigger programs,” Truong Thi Minh Hau, merchandise manager at Vinatex,...
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