Vietnam's textile exports to the EU have decreased by 25-30% from the same period of last year

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According to Vietnam’s “Fiscal Report” on March 21, this year, Vietnam’s textile exports to the EU have decreased by 25-30% compared with the same period of last year, mainly due to the importer’s transfer and reduction of orders. In order to ease the difficulties faced by textile companies, Vietnam’s Ministry of Industry and Trade advises companies to reduce their reliance on feed processing, and gradually increase the proportion of FOB (raw materials, production and export of finished products) and ODM (design, production and export of finished products), and increase the proportion of The use of domestic natural raw materials, at the same time strengthen the technical training of workers.

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