Vietnam garment makers hung out to dry as global orders vanish

Industry leader Vinatex weighs furloughs for 50,000 as coronavirus saps demand

20200417N Vietnam garment industry

Once a driver of Vietnam's rapid economic growth, the garment industry has taken a major beating from the coronavirus pandemic. © Reuters

TOMOYA ONISHI and YUICHI NITTA, Nikkei staff writers

HANOI/YANGON -- Vietnam's textile sector is reeling from a sudden loss of orders that could be catastrophic to many garment makers, with industry leader Vinatex contemplating a furlough of up to 50,000 workers.

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