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Vietnam’s State-Run Textile Giant Posts Near 200% Profit Surge After US Tariff Delay | Trade Data News Vietnam
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Vietnam’s state-run textile giant posts near 200% profit surge after US tariff delay | Trade Data News Vietnam
In the first half of the year, the Vietnam National Textile and Garment Group (Vinatex) reported a consolidated profit of around US $ 21.3 million, a 197% increase over the same period in 2024. Revenue increased by 8% to US $ 345.8 million, which was 49% of its goal for the entire year. Vinatex chairman […] The post Vietnam’s state-run textile giant posts near 200% profit surge after US tariff delay appeared first on Apparel Resources.
After April 9, when the US announced the postponement of reciprocal tariffs, textile orders poured in, with some even requiring immediate delivery in July.
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