By Anh Minh   December 10, 2019 | 01:59 pm GMT+7 VnExpress

Vietnamese textile manufacturers are seeing orders decline with buyers moving to others, cheaper developing countries.

Normally, by the end of a year they would have enough orders for the whole of the following year, Nguyen Van Thoi, chairman of TNG Investment and Trading JSC, which makes garments, said.

But this year many businesses have said they do not have enough orders for 2020, with some reporting a 20 percent drop in orders from last year. Besides, many have not signed long-term contracts for products, only monthly or quarterly, he said.

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By Minh Nga   December 10, 2019 | 07:48 am GMT+7 VNExpress

Vietnam is one of six countries most affected by climate change between 1999 and 2018, according to survey results released this week.

The Global Climate Risk Index, published by the German environmental think tank Germanwatch, ranked Vietnam sixth among countries hit hardest by extreme weather events in that period, with its Climate Risk Index (CRI) at 29.83.

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Ngoc Thuy

The Hanoitimes – Vietnam’s trade turnover reached US$473.73 billion in the January – November period, of which its exports amounted to US241.42 billion, up 7.8% year-on-year, and imports totaled US$232.31 billion, up 7.4%.

Vietnam reported an estimated trade surplus of US$100 million in November, resulting in a trade surplus of US$9.1 billion in the first eleven months of this year, the General Statistics Office (GSO) has said in a monthly report.

Data: GSO. Chart: Ngoc Thuy.

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