11.1 C
Munich
Friday, September 22, 2023

Decline in US demands hit southeast Asia garment industry exporters

Must read

TCT
TCThttps://thecaspiantimes.com
The Caspian Times is a platform that showcases stories and perspectives from across Eurasia. We aim to inform, inspire and empower our readers with high-quality journalism that covers the diverse and dynamic region.

The garment industry in Southeast Asia, especially in Vietnam and Cambodia, is facing a decline in orders from its key market, the United States, due to the impacts of high inflation. The industry, which employs millions of workers and is a major source of export revenue for the region, is struggling to cope with the weakening global demand and rising production costs.

Read Full Story Please Visit Eurasia Media Network

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article