Vietnam's Clothing Stock Increase

According to the data released by the General Administration of statistics, the inventory index of the manufacturing industry increased by 26% at the end of June (2012), indicating that the overall economy of Vietnam has begun to turn stronger in the near future (below: 29.6% in May, 32.1% in April and 34.9% in March before May).

However, the inventory index remained high in the first half of the year, and the sales index of the processing industry remained unchanged in the past 3 months. Ready-made clothes Inventories increased by 23.1%.

In the first half of this year, the index of industrial production of fiber and cloth decreased by 10.3% compared with the same period last year, and the sales index decreased by 14.2%.

As for the machinery manufacturing industry, inventory and sales are still very serious. As a result of the impact of the economic crisis and the increase in policy related taxes and fees, the inventory index of vehicles has risen to 116.7%, the inventory index of metal products has increased by 78.7%, other metal products have increased by 43.4%, and locomotives increased by 25.7%.

Garment (Garments), a product that is produced in batches in accordance with certain specifications and standard sizes, is a concept relative to tailored and tailored clothes. Ready-made garments, as industrial products, conform to the economic principles of mass production, mechanization of production, serialization of product size, quality standardization, packaging unification, and identification of brand, fabric composition, size and washing and maintenance instructions.