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%.

Companies in the industry could lay off 30% of their employees in April and 50% in May due to the lack of orders.

Vietnam's exporters are reminded that exporting good quality products is to "preserve the national prestige."

Vietnam's exports slightly declined by 0.9% year-on-year to US$100.21 billion in the January-May period, and imports decreased 4.6% to US$96.67 billion.

Digital transformation in corporate governance and management is needed for local textile firms to enhance efficiency in a new normal, Prime Minister Nguyen Xuan Phuc has said.