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Textile and clothing firms reluctant to implement Industry 4.0 practices
Business

Textile and clothing firms reluctant to implement Industry 4.0 practices

Vietnamnet - The textile and garment sector is forecast to benefit greatly from the technologies of Industry 4.0 – businesses in the sector, however, remain indifferent to the changing tide.

VN textile sector growth surges
Business

VN textile sector growth surges

Vietnamnet - The textile and garment sector enters the second quarter (Q2) of this year with promising signs from new import markets, said General Director of the Vietnam Textile and Garment Group

Textile and garment see resurgence of capital flows
Business

Textile and garment see resurgence of capital flows

Vietnamnet - After a period of stagnation, capital inflows into the textile and garment industry have started pouring back, continuing to expand existing projects, with a focus on deeper

Work starts on Vietnam’s largest textile industrial park
Business

Work starts on Vietnam’s largest textile industrial park

Nhan dan - NDO/VNA – Construction on the Rang Dong textile industrial park – the largest of its kind in Vietnam began in Nghia Hung district in the northern province of Nam Dinh on April 18.

Expo showcases high-end products of textile and garment industry
Business

Expo showcases high-end products of textile and garment industry

Nhan dan - NDO – The Vietnam Saigon Textile and Garment Industry Expo (Saigon Tex 2017) opened in Ho Chi Minh City on April 5, showcasing a range of high-end products, materials and equipment.

Creating conditions to promote textile and garment exports
Business

Creating conditions to promote textile and garment exports

Nhan dan - NDO – This year, the Vietnamese textile and garment industry set a target of 6.5%-7% growth, compared to 2016, and gaining an export turnover of over US$30 billion.

Textile & garment, seafood manufacturers worried about Brexit
Business

Textile & garment, seafood manufacturers worried about Brexit

Vietnamnet - The uncertainties of the EU economy with the Italian PM stepping down and the UK & Northern Ireland leaving the EU will adversely affect Vietnam’s exports to the large markets.

Vietnam's textile and garment exports target set at $30b
Business

Vietnam's textile and garment exports target set at $30b

Vietnamnet - Viet Nam’s textile and garment industry has targeted a growth in exports of 6.5-7 per cent to US$30 billion this year.

Textile & garment manufacturers pessimistic about 2017
Business

Textile & garment manufacturers pessimistic about 2017

Vietnamnet - Export growth has been slowing down for textile and garment firms, but the industry has not made a decision to target the domestic market.

Challenges face textile sector as cheap labour no longer an advantage
Business

Challenges face textile sector as cheap labour no longer an advantage

Nhan dan - NDO – Textiles are often regarded as one of Vietnam’s key export sectors with an average annual growth rate of 15% during 2010-2015. However, it is also faced with a range of challenges,

Vietnam’s textile exports fray to 10-year slump in 2016
Business

Vietnam’s textile exports fray to 10-year slump in 2016

A strong Vietnamese dong and sluggish demand from key markets have dragged on textile exports this year.

Textile exports to hit US$28.5 billion in 2016
Business

Textile exports to hit US$28.5 billion in 2016

NDO/VNA—Vietnam’s textile and garment exports this year are estimated to have reached US$28.5 billion, roughly 92% of the target due to market difficulties, the Vietnam Textile and Apparel

Textile & garment industry cautious about future as Trump wins US election
Business

Textile & garment industry cautious about future as Trump wins US election

US President-elect Donald Trump is opposed to the Trans Pacific Partnership (TPP) trade agreement. Will this affect Vietnam’s textile and garment exports to the US?

Vietnam’s textile and garment exports grows in the first ten months
Business

Vietnam’s textile and garment exports grows in the first ten months

NDO - The export revenue of the garment and textile industry reached over US$23.3 billion in the first ten months, a year-on-year increase of 4.8%, the Vietnam National Textile and Garment Group

International Textile & Garment Industry Expo opens in Hanoi
Business

International Textile & Garment Industry Expo opens in Hanoi

NDO—The 2016 International Textile and Garment Industry Expo (HANOITEX 2016) officially kicked off on November 2 at the International Exhibition Centre in Hanoi.

Vietnam leads region in textile exports
Business

Vietnam leads region in textile exports

Viet Nam's textile and garment industry needs to create motivation itself and attract foreign investors to top ASEAN member states in the field, said the Chairman of the Viet Nam Textile and Apparel

Seminar seek ways to increase capacity of Vietnam’s textile, garment industry
Business

Seminar seek ways to increase capacity of Vietnam’s textile, garment industry

NDO—A seminar was held in Hanoi on November 1 to discuss measures to “increase the capacity of Vietnam’s textile and garment industry within the ASEAN supply chain with an eye to sustainable

Vietnam to host important events of regional textile industry
Business

Vietnam to host important events of regional textile industry

The Vietnam Textile Association (Vitas) will host a number of important events of regional textile industry from October 31 to November 2, said Vitas President Vu Duc Giang.

Taiwanese textile company to expand in Vietnam: report
Business

Taiwanese textile company to expand in Vietnam: report

'We cannot think of a better place to build our new manufacturing base than Vietnam.'

Textile & garment companies still attract foreign investors
Business

Textile & garment companies still attract foreign investors

Though growth in investment in the textile & garment sector has slowed down, it is still attractive in foreign investors’ eyes.

Textile-garment export growth cools
Business

Textile-garment export growth cools

Vietnam's textile-garment exports still increased in the first first eight months of this year but at a slower pace than in the same period last year.

VN textile & garment association wants apparel sector zoning plan revised
Business

VN textile & garment association wants apparel sector zoning plan revised

The Vietnam Textile and Apparel Association (VITAS) has proposed the Government and relevant ministries revise the master zoning plan for textile and garment industry development as it has become

Ministry proposes large textile production zones
Business

Ministry proposes large textile production zones

The Ministry of Industry and Trade (MoIT) has proposed the development of large textile and garment industrial zones (IZs) to attract investment in dyeing, and fabric and yarn production.

Foreign garment, textile tech companies bank on Vietnam
Business

Foreign garment, textile tech companies bank on Vietnam

Foreign companies providing technology solutions for textile, garment, and footwear production have been increasingly active in Vietnam, taking advantage of the expected growth of the industry.

Vietnam's textile exports slow in first 6 months as buyers shift
Business

Vietnam's textile exports slow in first 6 months as buyers shift

Strong competition takes its toll while new trade pacts are not bringing any benefits soonVietnamese firms yet to focus on TPP opportunitiesVietnam's garment industry has smooth start, eyes $30