30-10-2018 11:54
According to a recent announcement of Thanh Cong Textile Garment Investment Trading JSC (TCM), its foreign business partner Sears Holdings has filed for bankruptcy. Two of Sears Holdings’ member units – Sears and Kmart – regularly make transactions with TCM and contribute about 7 per cent of the latter’s revenue. VIR talks with Tran Nhu Tung, member of TCM’s board of management, about potential impacts on TCM.
29-10-2018 12:29
Bao Minh textile factory, which is invested by Bao Minh Textile (JSC and will officially go on stream in October 2018, is expected to make great contributions to apparel material supply in Vietnam.
28-10-2018 22:03
The World Wildlife Fund (WWF) and the Vietnam Textile and Apparel Association (VITAS) launched a project on October 26 to green Vietnam’s textile-apparel sector through improving water management and energy sustainability.
04-10-2018 22:10
Two major foreign direct investment projects on accessories production in the textile and apparel industry concurrently coming online late last month have boosted the sector’s production capacity as well as perfected its supply chain.
02-10-2018 16:54
As trade tensions between the US and China worsen, Vietnam’s textile and aquaculture stocks are rallying thanks to their strong business prospects. However, challenges may still arise due to protectionist sentiments.
28-09-2018 11:32
A series of international expos will showcase the latest technologies and equipment for textile, garment, and footwear to promote Vietnam’s key export industries.
26-09-2018 10:37
Local textile and apparel firms have enormous opportunities to boost exports to the US, Vietnam’s top export market for textile and garment products, amid the intensifying US-China trade spat.
20-09-2018 10:42
Listed textile and garment firms have reported buoyant performance in the year to date due to a multitude of factors, including escalating trade tensions between the US and China.
27-08-2018 16:25
Investing in logistics and applying lean management are considered two of the solutions to optimise the supply chain, helping domestic garment and textile firms to solve the issues related to warehousing operations to save costs and increase competitive capacity.
21-08-2018 15:18
Vietnam’s textile and garment industry is doing well abroad, but struggling at home, according experts.
26-07-2018 08:00
For the first time, foreign invested enterprises’ revenue and specific contributions to Vietnam’s state budget have been revealed, with the electronics and garment-textile industries being their biggest earners.
11-07-2018 17:13
Textile and clothing exports to the US might touch $13.8-13.9 billion this year, and experts assume the sector would see more import orders shifted to Vietnam due to the implications of the US-China trade war.
26-06-2018 15:55
In order to show its determination to say no to projects that could damage the environment, the Vinh Phuc People’s Committee submitted the fourth document asking the prime minister to refuse Hong Kong-backed TAL Group’s $350 million textile and garment dyeing project.
25-06-2018 09:39
Vietnam witnessed a growth in textile and garment exports to most of the major markets in the first five months of 2018, reported the General Department of Vietnam Customs.
24-06-2018 14:34
The Viet Nam Textile and Apparel Association, Sustainable Apparel Coalition (SAC) and TAL Group have decided to introduce the application of HIGG index in the textile and garment industry.