Connect with us

Fashion

Vietnam Q4 growth seen at 7.2% as momentum eases: UOB

Published

on

Vietnam Q4 growth seen at 7.2% as momentum eases: UOB



Vietnam’s economy is projected to expand 7.2 per cent in the fourth quarter (Q4) of 2025, bringing full-year growth to around 7.7 per cent, according to United Overseas Bank (UOB). The bank expects growth momentum to moderate towards year-end due to a high base effect and persistent uncertainty around global tariffs.

Looking ahead, UOB forecasts Vietnam’s GDP growth to ease further to about 7 per cent in 2026 as the boost from export front-loading diminishes.

The Vietnamese dong is also expected to underperform regional peers, with UOB projecting the USD-VND exchange rate at 26,300 in the first quarter of 2026, gradually strengthening to 25,900 by the end of the year, said Vietnamese media reports quoting UOB.

Vietnam’s economy is forecast to grow 7.2 per cent in Q4 2025, taking full-year expansion to about 7.7 per cent, according to UOB.
The growth is expected to ease in 2026 to around 7 per cent as export front-loading fades.
Strong exports, manufacturing and domestic demand supported 2025 performance, though high export dependence and productivity challenges remain key risks.

Suan Teck Kin, executive director of global economics and markets research at UOB, said Vietnam’s strong 2025 performance places it among ASEAN’s fastest-growing economies, supported by manufacturing strength, robust exports, improving domestic consumption and public investment. He noted that supply-chain realignments linked to US–China tensions have benefitted Vietnam, with the US now accounting for around 30 per cent of total exports.

Meanwhile, Suan cautioned that Vietnam’s heavy reliance on exports increases vulnerability to a global slowdown, particularly weaker US demand. Rising wages without corresponding productivity gains could also weigh on competitiveness, underscoring the need for continued infrastructure investment, skills development and market diversification in 2026.

Vietnam’s exports rose 16.8 per cent year on year in January–October 2025, building on the strong growth seen a year earlier. Exports to the US jumped 28.1 per cent, aided by the lowering of reciprocal tariffs to a global base rate of 10 per cent, which prompted buyers to advance orders.

Vietnam’s trade surplus narrowed to $18.7 billion by October from $22.4 billion in 2024, reflecting higher imports of raw materials and components amid strong export demand. Manufacturing output rose 10.8 per cent in the first nine months of 2025, up from 9.4 per cent a year earlier, while four consecutive PMI readings above 50 signalled continued expansion, said UOB.

Fibre2Fashion News Desk (SG)



Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Fashion

DGFT reform unlocks $37 bn export boost for India trade growth

Published

on

DGFT reform unlocks  bn export boost for India trade growth



On March **, ****, India’s Directorate General of Foreign Trade (DGFT) issued Notification No. **/******, amending Para *.** of the Foreign Trade Policy and removing the long-standing ****;** lakh (about $**,***) per-consignment cap on courier exports. From April *, exporters can send consignments of any value through courier mode instead of splitting higher-value orders into smaller parcels.

For textiles and apparel, this is more than a procedural tweak. The sector is no longer driven only by large container-based orders from global retailers. It is increasingly shaped by samples, capsule drops, repeat orders, customised runs, premium home textiles, craft-led fashion, and direct-to-consumer cross-border fulfilment. In that world, courier flexibility matters.



Source link

Continue Reading

Fashion

US’ Reebok & GLDN PNT launch padel apparel collection

Published

on

US’ Reebok & GLDN PNT launch padel apparel collection



Reebok, the iconic and irreverent sports culture brand, and GLDN PNT, an activewear racquet sports brand born from the community of padel, are joining forces to launch a performance-driven apparel collection designed for athletes and enthusiasts.

Padel, one of the world’s fastest-growing sports, has seen an explosion of participation and fan engagement in recent years. Recognizing the sport’s surging popularity and vibrant community, Reebok is stepping onto the padel court through a collaboration with GLDN PNT—a brand born from and built for the padel movement.

Reebok has partnered with GLDN PNT to launch a performance-driven padel apparel collection, tapping into the sport’s rapid global growth.
The range includes technical tees, tanks, bras and shorts designed for modern players, combining innovation, functionality and style, while strengthening Reebok’s presence in the fast-expanding padel community.

The Reebok x GLDN PNT collection features a range of high-performance apparel, including the ID Train Short Sleeve Tech Tee, Speed Racer Tank, ID Performance Tech Tee, ID Train Tri Back Bra, and WOR 9 in Woven Short. Each piece is designed with the modern padel player in mind, blending innovative materials, functional design, and bold style.

“Padel is more than a sport—it’s a global movement, and we’re thrilled to partner with Reebok to raise the bar for padel apparel,” said Scott London, Founder of GLDN PNT. “Our mission has always been to celebrate the culture and community of padel, and this collaboration gives us the reach and resources to inspire even more players around the world. We’re making the moment count—on and off the court.”

For Reebok, this partnership represents an opportunity to join the padel community in a meaningful and authentic way.

“Padel’s incredible growth represents the kind of energy and passion that Reebok has championed for decades,” said SVP of Reebok, Daniel Schachne. “By collaborating with GLDN PNT, a brand deeply rooted in the sport, we’re excited to deliver innovative performance apparel to padel athletes everywhere and support the vibrant community driving the sport forward.”

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 (RM)



Source link

Continue Reading

Fashion

India extends RoSCTL scheme till Sept 2026 to support apparel exports

Published

on

India extends RoSCTL scheme till Sept 2026 to support apparel exports



The Government of India has extended the Rebate of State and Central Taxes and Levies (RoSCTL) scheme for exports of apparel, garments, and made-ups till September 30, 2026, or until it is approved under the next Finance Commission cycle, whichever is earlier.

The extension comes at a time when exporters are facing heightened pressure from geopolitical uncertainties, volatile demand, and rising logistics and input costs. By continuing the scheme, the government aims to provide stability and cost support to the labour-intensive apparel sector.

The extension of RoSCTL till September 30, 2026, or until the next Finance Commission approval, provides interim policy clarity amid global demand and cost pressures. Continued structure and rates support pricing competitiveness for apparel exporters.
However, its temporary nature signals a likely recalibration of export incentives in the upcoming policy cycle.

The scheme will continue without any change to its structure, coverage, rates, or eligibility criteria, ensuring policy continuity for exporters. Rebates will be provided through transferable duty credit scrips in a fully digital format, supporting ease of use and faster processing.

To maintain fiscal discipline, expenditure under the scheme will be reviewed on a quarterly basis by an inter-ministerial committee. The government has also retained the flexibility to revise rates and caps depending on evolving conditions, while keeping eligibility norms unchanged.

Effective April 1, 2026, the extension provides interim visibility to exporters as the government works towards finalising a longer-term framework under the upcoming Finance Commission period.

Fibre2Fashion News Desk (KUL)



Source link

Continue Reading

Trending