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June 30, 2022 | 07:11

Textiles & garments up against it

Thu Minh

SSI Research has forecast that revenue growth at textile and garment manufacturing companies in Vietnam will fall over the second half of 2022 and into 2023, due to shortened order times. Yarn, fabric, logistics, and labor costs are also expected to remain high as oil prices increase and workforce competition impacts supply chains.

Textiles & garments up against it
Photo: Illustration

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