Garment and footwear await EU orders with bated breath

Garment and footwear await EU orders with bated breath

Vietnam’s textile, leather, and footwear industries are optimistically looking to profit from the newly effective trade deal between the European Union and Vietnam. However, a decline in orders from the old continent amid the pandemic is expected to lead to stagnating production and business outlooks for the remainder of this year.
Stocks rally due to trade war aid

Stocks rally due to trade war aid

As trade tensions between the US and China worsen, Vietnam’s textile and aquaculture stocks are rallying thanks to their strong business prospects. However, challenges may still arise due to protectionist sentiments.