Vietnam garment market update:Target of 44 billion USD in export this year
Wednesday, February 7,2024
AsemconnectVietnam - According to the Vietnam Textile & Apparel Association (VITAS), garment and textile exports last year reached 39.5 billion USD, down 10% year-on-year.
According to the Vietnam Textile & Apparel Association (VITAS), garment and textile exports last year reached 39.5 billion USD, down 10% year-on-year.VITAS Chairman Vu Duc Giang said that in 2023, Vietnam's textile and garment products were exported to 104 countries and territories – a record number. Businesses underwent significant changes but they made efforts to diversify their exports with 36 items. The main markets of Vietnamese garment and textile exports were the US, Japan, the European Union (EU), the Republic of Korea, China, and Southeast Asia, together with some new markets such as Africa and Russia.
HCMC garment firm slashes 1,900 jobs due to order shortageGarment company Garmex Saigon cut 1,947 jobs last year and closed the year with 35 employees during one of the hardest times for the garment sector. This followed a 1,828-job layoff in 2022, bringing the total number of employees laid off in the last two years to 3,775, according to its financial reports. Garmex Saigon, which has been operating for two decades, saw revenues plunge 35-fold to VND8.6 billion ($353,183) last year due to a drop in orders. It recorded no order in the last six months of the year. The company ended the year with a VND52 billion loss.
As there was no work, the company had to fire its employees and shut down production to reduce costs.
Top Textiles companies In Viet Nam
Below are the 30 Top Textiles companies In Viet Nam and their top employee and management contact details:
1. Century Synthetic Fiber Corporation
Century Synthetic Fiber Corporation is a textile industry that manufacture and supply of synthetic yarns
Industries:Manufacturing, Textiles Manufacturing
Location:Ho Chi Minh City, Na Vietnam, Vnm
Founded:2000-06-01
Employees:501-1000
Email:csf@century.vn
Phone:+84,276) 388 7565
2. Century Synthetic Fiber Corporation Employee emails
tran.tranglien@gmail.com
williamhuang@century.vn
ng****@****hoo.com
su****@****hoo.com
+ 646 emails for Century Synthetic Fiber Corporation
3. Everpia Jsc
Everpia JSC is engaged in the manufacture and trade of bedding and padding products.
Industries:Furniture, Manufacturing, Textiles Consumer Goods, Manufacturing
Location:Hanoi, Na Vietnam, Vnm
Founded:1993-01-01
Employees:11-50
Email:info@everpia.vn
Phone:0321 379 1111
4. Everpia Jsc Employee emails
thovu0202@gmail.com
tuyetphuongpl@gmail.com
+ 41 emails for Everpia Jsc
5. Fashion4 Freedom
Fashion4Freedom is a company that offers designing services.
Industries:Manufacturing, Product Design, Social Impact, Textiles, Web Design Design, Manufacturing, Other
Location:Hue, Na Vietnam, Vnm
Founded:2010-01-01
Employees:1-10
Email:lanvy@fashion4freedom.com
Phone:
+84 234 3813 022
6. Fashion4 Freedom Employee emails
victoriaroe@hotmail.co.uk
lanvynguyen@hotmail.com
li****@****ail.com
+ 5 emails for Fashion4 Freedom
7. Albetta
Albetta manufacture and design children garments, toys and gifts.
Industries:Children, Manufacturing, Sales, Textiles, Toys Community And Lifestyle, Consumer Goods, Manufacturing, Sales And Marketing
Location:Hanoi, Na Vietnam, Vnm
Founded:2013-01-01
Employees:1-10
Email:sales@albetta.com
Phone:+84 8 37422031
8. Albetta
Employee emails thytran2611@gmail.com
doppiavu@yahoo.com
+ 6 emails for Albetta
9. Viet Thang
Viet Thang produces various kinds of spun yarns, woven grey and finished fabrics.
Industries:Manufacturing, Textiles Manufacturing
Location:Ho Chi Minh City, Na Vietnam, Vnm
Founded:1962-01-01
Employees:unknown
Email:dpquyet@vietthang.com.vn
Phone:84 28 3896 9337
10. Rontex America
Rontex America manufacturing needled nonwoven textiles for a variety of end uses & industries, including automotive marine & transportation.
Industries:
Manufacturing, Textiles Manufacturing
Location:Nha Trang, Na Vietnam, Vnm
Founded:1970-01-01
Employees:11-50
Email:info@rontexamerica.com
Phone:+1.603.883.5076
T.Huong
Source: Vitic
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