Vietnam's footwear, garment, textile industries witness fall in orders

Enterprises in most sectors said import-export activities in the second half of the fourth quarter this year and the beginning of 2023 will face many tough situations compared to the third quarter this year, a news agency reported.

Manufacturing enterprises should focus on market expansion as current export markets are shrinking and demand is falling, Phan Thi Thanh Xuan, vice president and secretary general of the Vietnam Leather-Footwear and Handbag Association (LEFASO), said.

LEFASO is coordinating with the ministry of industry and trade to deploy trade promotion programmes to support businesses to access more markets.

Fibre2Fashion News Desk (DS)