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Search Results: 509 results for keyword "textile".
Viet Tien foresees 70 per cent drop in profit due to COVID-19
18-04-2020 16:21
The COVID-19 lockdown deeply altered Viet Tien Garment Corporation's (UPCoM: VGG) outlook, forcing it to revise its profit plan to an estimated drop of 70 per cent this year.
Textile makers skirt virus disruptions
31-03-2020 17:00
Temporary factory closures and imminent layoffs are going to push textile and garment enterprises into deep water due to a lack of raw materials as well as mass order cancellations from European and American buyers during the ongoing global health crisis.
Vinatex faces damage of $43 million due to COVID-19
30-03-2020 18:29
In case the COVID-19 pandemic is brought under control in May and the economy recovers from June onwards, the textile and garments sector is estimated to sustain a damage of VND11 trillion ($478.26 million), VND1 trillion ($43.48 million) of which will come from Vietnam National Garment and Textile Group (Vinatex).
No end to woes of local textile and garment industry
28-03-2020 08:48
While the supply of raw materials from China is recovering after a month of suspension, textile and garment businesses find that they have moved out of the frying pan into the fire as the COVID-19 pandemic rolling over the globe has forced the cancellation of all orders from the European Union and the United States.
Garment firm donates hundreds of antibacterial shirts to Hanoi hospital
27-03-2020 17:14
The Hanoi Textile and Garment Joint Stock Corporation (Hanosimex) on March 26 presented 700 antibacterial shirts to the Hanoi Medical University Hospital in an attempt to support “frontline soldiers” in the fight against the novel coronavirus disease (COVID-19).
US has no plan to suspend import of Vietnamese garment-textiles: ambassador
22-03-2020 11:38
The US Government has no plan to suspend the import of Vietnamese garments-textiles, said Vietnamese Ambassador to the US Ha Kim Ngoc.
Rules of origin pose questions for sectors jostling for position
08-03-2020 08:00
Although the free trade agreement between the European Union and Vietnam will offer great opportunities for wood investors and exporters, its rules of origin may not provide a big boon to local textile and garment businesses.
Low supplies trouble textiles and garments
05-03-2020 09:00
Local suppliers of overseas fashion brands may have a bumpy road ahead as materials from China have been blocked due to COVID-19.
Japanese kidswear brand opens first store in Vietnam
26-02-2020 14:36
Miki House, Japan's leading infant and children clothes company, officially opened its first store in Ho Chi Minh City on February 25, making its first step in Vietnam.
Apparel firms cushion COVID-19 blow
26-02-2020 08:00
Despite layoffs across many businesses caused by the current coronavirus epidemic, some businesses, especially those operating in textiles and garments, have been pushing up their operations.
UNIQLO, Gap, and Nike disrupted by COVID-19 epidemic
22-02-2020 16:57
The lack of local supply for garment and textile producers caused by the COVID-19 epidemic has raised concerns among international fashion brands like UNIQLO, Gap, and Nike.
Rules of origin trip up garment and textile opportunities from EVFTA
21-02-2020 12:03
Garment and textile firms are aware of the opportunities to expand their export markets arising from the EU-Vietnam Free Trade Agreement (EVFTA) but are facing difficulties in complying with the rules of origin.
Hanoi leader pledges best conditions for Japan’s Uniqlo
21-02-2020 09:55
Chairman of the People’s Committee of Hanoi Nguyen Duc Chung pledged to create the best possible conditions for Japan’s Uniqlo company to do business in the city, during a reception on February 20 for Uniqlo Vice President Koyama Noriaki.
Securities company lists 9 industries that will be affected by epidemic
06-02-2020 16:11
Nine industries could be negatively affected in the short term by the fallout of the coronavirus epidemic, according to a report by SSI Securities Corporation.
Textile sector set for success
28-01-2020 17:00
The Vietnamese textile and garment industry continued its big role as a key driver of Vietnam’s exports. Chairman of the Vietnam Textile and Apparel Association Vu Duc Giang talked with VIR’s Phuong Thu about how local firms can capitalise on free trade agreements and weather difficulties to move forward sustainably.
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