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GARMENT / TEXTILE

COTTON IMPORTS GROW STRONGLY

[12-06-2015] Enterprises in Vietnam spent US$712 million importing 447,000 tons of cotton in the first five months of this year, up 35.2% in volume and 8.9% in value compared to the same period last year. The volume included 105,000 tons of cotton worth US$166 million, growing 39.1% in volume and 8.9% in value, Vietnam Television (VTV) reports, citing figures of the Vietnam Textile and Garment Association (Vitas).

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GARMENT / TEXTILE

INDUSTRIAL GARMENT AND TEXTILE UNIVERSITY GETS GREEN LIGHT

[05-06-2015] Prime Minister Nguyen Tan Dung has approved the establishment of Ha Noi Industrial Garment and Textile University, which was originally Ha Noi College for Textile, Garment and Fashion in Ha Noi. The university will operate as a self-run model under the management of the education and training ministry.

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GARMENT / TEXTILE

GARMENTS, FOOTWEAR ON EXPORT HIGH

[03-06-2015] Textile and garment industries, as well as leather and footwear, recorded high growth in production and exports during the first five months of this year. The Ministry of Industry and Trade reported on Monday that in the first five months of this year, the textile and garment industry produced 118.2 million sq.m. of natural fibre (a year-on-year increase of 2.3 per cent), 287.1 million sq.m. of synthetic and artificial fibre (a year-on-year surge of 1.8 per cent), and 1.21 billion units of cloths (a year-on-year surge of 2.3 per cent).

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GARMENT / TEXTILE

TOUGHER COMPETITION FOR APPAREL SECTOR AHEAD

[12-04-2015] Experts have called on apparel enterprises to improve product quality and prepare to face tougher competition in the next five years. Speaking at the Vietnam Saigon Fabric & Garment Industry Expo (Saigon Tex) 2015 in HCMC on April 9, Hoang Ve Dung, deputy general director of Vietnam National Textile and Garment Group (Vinatex), said Vietnam will sign more bilateral and multilateral free trade agreements, thus offering multiple opportunities but at the same time exposing them to more challenges.

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GARMENT / TEXTILE

FOREIGN INVESTORS SCAMPERING FOR A SHARE IN GARMENT INDUSTRY

[08-04-2015] A series of foreign direct investment projects in the garment sector will be started in the central region of Vietnam over the next months. Some of the more outstanding projects include the Delta Galil fiber-dyeing and garment plant, the Onewoo garment plant and the Tam Thang textile-garment and dyeing plant.

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GARMENT / TEXTILE

GARMENT EXPORTS SURGE BY 18 PER CENT

[18-03-2014] Garment exports in January and February posted an 18 per cent year-on-year increase to US$3.4 billion, the Ministry of Industry and Trade (MoIT) said. The surge has made the achievement of this year’s export target of $28 to 28.4 billion a strong possibility.

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GARMENT / TEXTILE

GARMENT SECTOR TARGETS USD3 BILLION EXPORT VALUE TO ROK

[23-01-2015] Vietnamese garment and textile companies are targeting a total export turnover of an estimated USD3 billion to the Republic of Korea this year, Vietnam Investment Review reported. The total export turnover of Vietnam's textile and garment sector to the RoK reached USD2.4 billion last year, an increase of 27 percent compared to 2013.

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GARMENT / TEXTILE

VIETNAM URGED TO CAREFULLY CONSIDER NEW FOREIGN TEXTILE/GARMENT PROJECTS

[20-01-2015] Local authorities have been warned to think carefully before welcoming more foreign textile and garment investors, as they could likely suffer in the future. Vietnam in recent years has become an ideal destination for foreign textile & garment investors, especially the Chinese.


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