Textile Sector Update - Poised for gradual recovery, vertical integration
  • 07 Jun 2023
  • Sector Reports
Vietnam’s textile industry has faced a perfect storm. Q4 2022 and 5M 2023 textile exports slumped 14%YoY and 19% YoY, respectively. Global brands and retailers heavily destocked during this period due to expected end-consumer demand compression. During th