Evaluation of the Financial Situation of Enterprises in the Textile and Garment Industry Listed on the Vietnam Stock Market

The textile industry is one of the key manufacturing sectors of the Vietnamese economy. However, Vietnam's textile and garment industry, especially listed textile enterprises, is facing difficulties and challenges such as the global economic recession and reduced purchasing power in both the domestic market and the markets of importing countries. Large countries such as the US, Japan, Korea, China... In addition, currencies in some countries that import large quantities tend to depreciate, also affecting the import and export activities of Vietnam's textile and garment industry. Besides, there are strict requirements from brands, such as reducing production prices, small orders, fast delivery times, higher quality requirements, switching to using fabrics with recycled fiber components, At the same time, it requires textile and garment enterprises to comply with many other policies such as sustainable development, greening, energy saving, emissions reduction... In the coming time, it is forecasted that there will still be many difficulties for the textile and garment industry. Because world demand has not shown signs of recovery, major export markets have decreased or increased insignificantly.

All of these issues have a significant impact on the financial situation of listed textile enterprises. Therefore, in this study, the author deeply evaluates the financial situation of textile and garment enterprises listed on the Vietnamese stock market.