vinatex unravels its business positions

Vinatex unravels its business positions

Leading textile and garment group Vinatex is ramping up efforts to divest from non-core businesses.
with exports to eu falling textile makers are hurting

With exports to EU falling, textile makers are hurting

Export orders from European Union (EU) countries are on a downward trend that worried many local garment makers.
eu fta brings hope

EU FTA brings hope

Firms are pinning hopes on the outcome of Vietnam-EU free trade agreement (FTA) negotiations slated to take place early next month.
projects get cement shoes

Projects get cement shoes

Continuing economic uncertainties have pushed cement plants into a corner.
stitching up a success story

Stitching up a success story

Garment sector player Hugaco is taking a flexible approach to ease production pressures.
sky high inventories plague firms

Sky high inventories plague firms

Building materials producers have been knocked sideways by a hostile business climate.
textile sector gets stitched up

Textile sector gets stitched up

Vietnam’s textile and garment sector is slowly losing its attractiveness to foreign direct investment.
more multi purpose ship handed over to foreign owner

More multi-purpose ship handed over to foreign owner

The Haiphong Equipment Manufacture & Shipbuilding One Member Limited Company (Lisemco), under the Lilama Corporation, has recently handed over the eighth multi-purpose cargo ship of 3,300 DWT, the “Schillig 08”, to Germany’s Briese Company.
vinatex ipo plan unravels

Vinatex IPO plan unravels

Vietnam’s largest state textile-garment group faces a tough ask to go public on schedule in late 2012.
cement firms get concrete feet

Cement firms get concrete feet

Sinking consumption, rising inventories and capital distress have driven cement firms into a corner.
garment firms trying on locals for size

Garment firms trying on locals for size

Local sources are to meet local textile garment firms’ material needs.
foreign hands grab textile market

Foreign hands grab textile market

Foreign-backed enterprises are getting the upper hand in textile and garment export, with advantages in capital, technology and governance expertise.
south korea textile exports enjoy a silky touch

South Korea textile exports enjoy a silky touch

Vietnam envisages raking in $1 billion from exporting textiles and garments to South Korea in 2012.
bagging an export treat

Bagging an export treat

Vietnam expects a sharp rise in bag exports in 2012 amid a hostile business climate.
tpp the way forward for exporters

TPP the way forward for exporters

Industry insiders are suggesting ways to boost Trans-Pacific Partnership efficiency to local export sectors.