Apparel firms scaling down business targets

Apparel firms scaling down business targets

Many apparel, textile and spinning firms are setting 2023 business targets far below last year's figures amid gloomy market conditions and sinking orders.
Bad bank debts cast shadow over profit outlook

Bad bank debts cast shadow over profit outlook

Several banks have posted low profit growth for Q1, with some even seeing negative growth, mostly due to a spike in bad debts.
Garments and textiles sector cautious for 2023

Garments and textiles sector cautious for 2023

The garments and textiles sector is being cautious in its outlook for 2023 amid diminishing total demand and rising inventory.
Sweet time for sugar firms

Sweet time for sugar firms

The upward trend of sugar prices is making for a sweet time for sugar firms, despite the persistent pressure from imported products.
Hard times for seafood exports

Hard times for seafood exports

China’s reopening early this year brings high expectations to Vietnam’s seafood sector, yet difficulties persist, requiring businesses to navigate a way out.
Car industry remains flat

Car industry remains flat

After strong rebound in 2022 driven by pent-up demand, the local car market has been gloomy for the year to date, which is expected to linger until the year-end.
Firms gearing up to boost exports

Firms gearing up to boost exports

Businesses are sparing no effort to enhance export performance in the face of lingering headwinds in both the global and domestic markets.
Textile and apparel firms struggling amid interest woes

Textile and apparel firms struggling amid interest woes

Many textile and apparel firms have postponed investment and expansion plans in the face of interest rates hikes, high production costs, and dwindling orders.
Construction machinery market lures foreign suppliers

Construction machinery market lures foreign suppliers

With a scale touching tens of billion US dollars, Vietnam’s construction machinery market proves a magnet to foreign manufacturers and distributors.
Garment firms look to brighter horizon

Garment firms look to brighter horizon

Vietnam's textiles sector could be facing brighter prospects this year as local producers aim to meet the growing demand for clothes in the international market.
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