site clearance delay leaves textile firms in tatters

Site clearance delay leaves textile firms in tatters

Two major Hong Kong-backed foreign textile and garment projects have been bogged down due to site clearance issues in the northern province of Hai Duong’s controversial Lai Vu Industrial Park.
textile garment sector targets sustainable growth

Textile-garment sector targets sustainable growth

Heavily reliant on imports, the textile and garment sector faces the great challenge of completing the industry’s supply chain through localisation of production materials.
garment sector dressed for success

Garment sector dressed for success

The textile and garment sector is working to get itself in shape for brighter horizons.
textile shareholders break out the champagne

Textile shareholders break out the champagne

Textile and garment sector shareholders are happy with a solid dividend payment amid continuing economic hardships.
pm okays restructuring plan for vinatex vinacomin

PM okays restructuring plan for Vinatex, Vinacomin

Prime Minister Nguyen Tan Dung has approved the restructuring plan for the Vietnam National Textile and Garment Group (VINATEX) during the 2013-2015 period to increase the group’s efficiency and competitiveness.
fibre makers bring synergy to textile and garment sector

Fibre makers bring synergy to textile and garment sector

Vietnam’s growing textile and garment sector is known as a bustling, labour-intensive producer of profitable exports - but one that still needs to heavily rely on imported raw materials.
textile industry to earn 20 billion early

Textile industry to earn $20 billion early

If the export growth of Vietnam’s textile and garment industry remains between 12 and 15 per cent, the sector will reach its target of $20 billion in 2014 ahead of the 2015 deadline, according to the Vietnam Textile and Apparel Association (VITAS).
textile and garment industry focus on key markets

Textile and garment industry focus on key markets

The US, Japan, the EU and the Republic of Korea will remain key export markets for Vietnam’s textile and garment industry in 2013, according to the Vietnam Textile and Apparel Association (VITAS).
vietnam set to earn 19 billion from exports

Vietnam set to earn $19 billion from exports

The garment and textile sector has set a target of earning 18.5 – $19 billion from exports in 2013, said Deputy General Director of Vietnam National Textile and Garment Group (Vinatex) Le Tien Truong at a press briefing on Jan. 8.
textile firms sew up growth targets

Textile firms sew up growth targets

Two prominent firms in Vietnam’s textile and garment industry are expecting continued growth in 2013 while also anticipating some economic difficulties.
lacoste considering vietnam investment

Lacoste considering Vietnam investment

Lacoste’s familiar Alligator  logo may join Nike’s Swoosh as a player in Vietnam’s bustling textile and garment industry.
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.
projects bad fashion statement

Project’s bad fashion statement

The runaway foreign investors of Lifepro Vietnam’s Luxfashion textile and garment complex, leaving $150 million in debts behind, have underscored the ugly side of foreign-invested projects that go wrong.
garment sector starts to unravel

Garment sector starts to unravel

The local textile and garment sector is feeling the heat of the uncertain economy.
textile factories miss the right fit

Textile factories miss the right fit

Two big foreign textile and garment projects in northern Hai Duong province are bogged down, two years after being licenced.