foreign invested garment firms show ambitious growth

Foreign-invested garment firms show ambitious growth

Scores of foreign invested enterprises in the textile and garment sector are looking to expand their presence in Vietnam.
garment sector eyes localisation of inputs

Garment sector eyes localisation of inputs

The domestic garment and textile industry aims to reach a localisation rate of 60 per cent by 2015 to increase profits and competitiveness, and reduce the need for the imports of raw materials, according to the vice president of the Viet Nam National Textile and Garment Group (Vinatex).
quang binh a lucrative venue to garment industry

Quang Binh - a lucrative venue to garment industry

The central province of Quang Binh has proved a hotspot for the textile and garment business thanks to its upgraded infrastructure, skilled workforce and compelling investment incentives.
foreign garment firms focusing investment on supply chains

Foreign garment firms focusing investment on supply chains

Foreign firms are showing an even greater interest in Vietnam’s textile and garment industry.
vinatex asks for share sale cash

Vinatex asks for share sale cash

State-owned national textile and garment group Vinatex has requested that the Vietnamese government allow the group to use the capital raised through selling off the state’s shares following equitisation to bolster productivity.
chinese firm targets quang ninh expansion plans

Chinese firm targets Quang Ninh expansion plans

Texhong Group, one of the largest suppliers of cotton and spandex in the world and among the top 10 businesses in China’s textile and garment sector, is making a further push into Vietnam with its newest $300 million cutting-edge fabric plant proposed to open in Quang Ninh this May.
vinatex prepared for sell off

Vinatex prepared for sell-off

Vietnam’s largest textile and garment manufacturer Vinatex has again failed to complete procedures for a first quarter initial public offering.
2013 a ripe year for garment sector

2013 a ripe year for garment sector

The textile and garment sector outperformed in 2013 with total export value more than $1 billion above the annual target.
pm decision to accelerate textile projects

PM decision to accelerate textile projects

Two Hong Kong-backed textile and garment projects in the northern Hai Duong province are expected to push forward after being long bogged down by site clearance procedures.
vinatex focuses garment investments on central region

Vinatex focuses garment investments on central region

Leading state-owned textile and garment group Vinatex is scaling up investments into the central region pursuant to the sector’s strategy to relocate factories to localities.
textiles exports toast stellar 2013 performance

Textiles exports toast stellar 2013 performance

Viet Nam's textile and garment industry expects to surpass its initial 2013 export target of US$19 billion by an extra by $1 billion.
phong phu director discusses itg conflict

Phong Phu director discusses ITG conflict

ITG-Phong Phu textile, dyeing and garment complex in central region’s Danang city went operational in December 2008. It was a joint venture between leading US fabric maker International Textile Group (ITG) and Vietnam’s Phong Phu Corporation, one of the country’s leading textile and garment firms. After only three years, however, it came to a screeching halt. Phong Phu’s general director Pham Xuan Trinh shines further light on the shutdown.
garment firms making major expansions

Garment firms making major expansions

As competition between textile and garment producers and exporters heats up, several have invested into increasing their production lines to expand their potential markets.
tpp drives textile garment firms to step up production

TPP drives textile, garment firms to step up production

Textile and garment enterprises in southern Dong Nai Province have, according to the regulations of the Trans-Pacific Partnership Agreement (TPP), made great efforts to improve production
vn textile garment industry to join tpp

VN textile, garment industry to join TPP

Participation in the Trans-Pacific Partnership Agreement (TPP) would create favourable conditions to boost Viet Nam's textile and garment sector as the third key industry of the country.