08-08-2020 13:19
Scattered orders along with a saturated market for face masks – which was a temporary lean-to for so many textile and garment firms – have pushed Vietnam National Garment and Textile Group (Vinatex) in the deep in the last two quarters.
20-07-2020 15:27
Song Hong Garment is looking at bleaker prospects after the collapse of New York & Co, its largest overseas partner, fearing a scenario akin to that experienced by Thanh Cong Textile Garment Investment with Sears.
16-07-2020 10:49
18-06-2020 14:00
Many of Vietnam’s textile and garment businesses could be deterred from the benefits of the free trade agreement between the European Union and Vietnam by falling short of the requisite rules of origin.
23-05-2020 20:14
Once JCPenney files for bankruptcy, hundreds of textile and garment stores, including those in Vietnam, will have to cease and desist orders.
05-05-2020 18:02
The trade turnover of the garment and textile sector in the first four months reported on-year decreases of 6.6 per cent in terms of export turnover to $10.46 billion and 9 per cent in material import turnover to $6.4 billion.
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.
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.
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).
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.
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).
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.
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.
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.
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.