Vietnam’s Ministry of Finance recently drafted a socio-economic development plan for next year, setting the gross domestic product (GDP) growth target at 10 per cent—a sharp rise over this year’s expected growth.

In its recent report to the government, the ministry said all 15 key indicators of the economy are expected to achieve target.

Vietnam’s Ministry of Finance has drafted a socio-economic development plan for next year, setting the GDP growth target at 10 per cent—a sharp rise over this year’s expected growth.
GDP per capita is projected at $5,000 in 2026, inflation at around 5 per cent and poverty reduction at 1-1.5 per cent.
The plan outlined 10 key policies, including institutional reforms and ensuring macroeconomic stability.

GDP growth is projected to reach at least 8 per cent this year, with per capita income rising to $5,000 and inflation staying at around 4 per cent, providing the launch pad for double-digit growth in 2026.

GDP per capita is projected at $5,000 in 2026, inflation at around 5 per cent and poverty reduction at 1-1.5 per cent.

However, the double-digit growth target is far more ambitious than forecasts by international institutions.

The draft plan outlined 10 key policies. These include hastening institutional reforms, ensuring macroeconomic stability, shifting to a new growth model, accelerating investment in infrastructure, enhancing human resource quality, and advancing science, technology and innovation.

The ministry noted that economic hubs like Hanoi, HCM City, Da Nang, Hai Phong, Dong Nai and Lam Dong would need to post double-digit growth to generate momentum for the broader economy, a domestic news outlet reported.

Vietnam’s economy expanded at 7.52 per cent in the first half this year—the highest recorded during the 2011-25 period.

Fibre2Fashion News Desk (DS)

This Fall, Banana Republic unveils Banana Republic Archive, a new destination celebrating the brand’s most iconic vintage pieces from the ’70s, ’80s, and ’90s. Featuring limited-edition drops and immersive storytelling, Banana Republic Archive debuts alongside Abandoned Republic, a digital collection of catalogs and memorabilia built for lifelong fans and curious newcomers alike.

Banana Republic has launched Banana Republic Archive, a new platform celebrating its vintage icons from the ’70s–’90s with limited drops and storytelling, alongside Abandoned Republic, a digital catalogue trove.
The debut capsule, curated by stylist Marcus Allen, features 70 handpicked pieces, underscoring the brand’s heritage of adventure, craft, and timeless style.

“Banana Republic Archive reintroduces the spirit of adventure and craftsmanship that has defined us from the start. As a heritage brand, we celebrate one-of-a-kind pieces that let consumers express themselves, resurfacing timeless favorites that can be styled for today.” – Meena Anvary, Head of Marketing, Banana Republic

At a time when luxury is measured by purpose, craftsmanship, and stories, Banana Republic revisits its archives to spotlight silhouettes and details that remain timeless today. From aviator jackets and utility vests to cargo pants and linen shirts, Archive pieces underscore the adventurous spirit that has defined the brand since its founding in 1978 by journalist Mel Ziegler and illustrator Patricia Ziegler.

Launch Capsule Curated by Marcus Allen

Banana Republic Archive launches with a curated capsule by Marcus Allen, New York-based stylist, creative director, and founder of The Society Archive. Longtime champion of Banana Republic’s legacy, Allen brings a storyteller’s lens to the collection, framing garments as heirlooms that are rare, storied, and timeless.

The capsule features 70 hand-curated vintage pieces, including standouts like a Leather Aviator Jacket, 1992 Yellow Raincoat, Stone Irish Linen Shirt, and Denim Jumpsuit, alongside cargo vests, puffer vests, plaid flannel shirts, distressed tees, and utility pants.

“For me, vintage clothing is more about nostalgia, storytelling, and quality. This collection is about bringing those ideas forward with intention. Working with Banana Republic has allowed me to fuse iconic pieces from their archive with other interesting finds that represent a sense of place, permanence, and personal expression.” – Marcus Allen, Founder of The Society Archive

Available beginning September 25 at bananarepublic.gap.com and select stores, the capsule reflects Banana Republic’s commitment to authentic collaborations and honoring its heritage.

Preserving the Brand’s Creative Legacy

To deepen the storytelling, Banana Republic also announces the acquisition of Abandoned Republic, the fan-built archive curated by passionate archivist Robyn Adams. A digital trove of illustrated catalogs, witty copywriting, and original store imagery, the site will remain intact as part of Banana Republic Archive.

“Abandoned Republic began as a tribute to Banana Republic’s origin story. It is about honoring the stories, craft, and adventurous spirit that shaped the brand and allows us to share them with a new generation of curious minds. We acquired this site in recognition and appreciation of the remarkable work of its passionate archivists, ensuring their dedication continues to inspire and engage a broader community.” – Meena Anvary, Head of Marketing, Banana Republic

“I’m a collector at heart and I love the idea of building a community around a shared passion. The archive lets us hold on to what made Banana Republic special while opening the door for new fans to discover it. Turning catalogs, tags, and well-worn seams into living history keeps the brand’s heritage present and relevant.” – Robyn Adams, Founder of Abandoned Republic

Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.

Fibre2Fashion News Desk (HU)

White Stuff continues to prosper with its latest results showing a more-than-20% sales rise in the year to the end of March.

In its 40th anniversary year and owned by TFG London since last autumn, the fashion and lifestyle label with 100+ UK stores has been opening new locations and also has plans to open a further 10 stores next year.

Sales in its latest year rose 20.3% to £184 million, The Times reported.

Its parent company didn’t release any brand-specific profit figures, but White Stuff had filed its figures for the year to the end of April 2024 in August 2024 at which point pre-tax profits had jumped from £47,000 to £4.8 million. Its next set of accounts is due to be filed at Companies House by the end of December so we may get a clearer picture of profits at that point.

Back with the latest year, it also saw customer numbers surging 41% as the business opened new stores and invested more money in marketing.

That resulted in a strong Christmas trading period and back in January, it had said that in the 10 weeks to 4 January, it saw a 21.8% increase in total sales. Buoyant trading was underpinned by it being a strong season for knitwear as well as the company acquiring new customers at a record level.

The company also said trading in its first half of the new financial year (the six months to September 2025) has been in line with expectations. Saying something like “in line with expectations” can actually mean both good news or bad, but in this case it appears to be the former as it said trading is ahead of last year. That’s despite challenging conditions that have dented sales at fashion business both large and small.

MD Tracey Verghese said: “This has been another strong year for White Stuff, with double-digit sales growth, despite ongoing pressures in the external environment.

“There’s still plenty of opportunity for the brand to roll out more shops over the next few years. New stores play an important role in growing our reach and bringing White Stuff to new customers.”