Từ khóa: #textile and garment

Vietnam’s exports to UK up 16.4 percent last year

Vietnam’s exports to UK up 16.4 percent last year

After being heavily impacted by Covid-19 for two years, trade between Vietnam and the United Kingdom (UK) has recovered, reaching nearly US$6.6 billion at the end of 2021, up 17 percent from the previous year, according to the Ministry of Industry and Trade.
The garment and textile sector predicted to face difficulties in months at the end of the year because of declined demand and competitive price pressure.(PHoto: SGGP)

Challenges in textile, garment sector

In the first six months of the year, the garment and textile sector earned $14.58 billion, a year-on-year rise of 11.3 percent, said the Ministry of Industry and Trade. However, the sector is predicted to face difficulties in upcoming months because of declined demand and competitive pressure.