July 12, 2022 | 16:22

Uncertainties linger for textile enterprises

Lưu Hà

Market fluctuations and rising inflation around the world since the middle of the second quarter have slowed down textile and garment exports. Textile enterprises are also facing problems from a lack of raw materials, labor shortages, and rising costs from escalating gasoline prices. In the long term, the response of the garment industry is to prioritize measures to keep labor supply stable and flexibly change products.

Uncertainties linger for textile enterprises
Photo: Illustration
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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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