Vietnam’s garment-textile export value is expected to reach 44 billion USD in 2024, marking an 11.26% increase from 2023, according to the Vietnam Textile and Apparel Association (VITAS).
The manufacturing sector of Malaysia continued to recover in May but stricter measures to combat a renewed surge in COVID-19 infections had an adverse impact on production volumes, according to American-British information provider IHS Markit.
Some 45.6 percent of processing-manufacturing enterprises expect a better business outlook in the fourth quarter of this year, according to a recent survey by the General Statistics Office (GSO).