10-10-2017 09:41
Viet Nam Textile and Apparel Association (VITAS) has petitioned the Ministry of Finance and the Ministry of Industry and Trade to not increase import tariffs on polyester fibre from zero to 2 per cent.
08-10-2017 21:41
The minimum wage increase, coupled with the increase for social insurance and union fees, is putting financial burdens on enterprises operating in labour-intensive sectors, such as the garment and textile sector.
05-10-2017 09:11
The Việt Nam Textile and Apparel Association (VITAS) yesterday proposed that the regional minimum wage (covering four regions in the country) not be increased next year.
04-10-2017 09:50
Danish garment manufacturer Spectre opened its second textile factory worth over $5 million in the northern province of Nam Dinh to take advantage of the country’s fast-developing garment industry.
13-09-2017 22:19
State Capital Investment Corporation (SCIC) may find it difficult to entirely divest Vietnam National Textile and Garment Group (Vinatex), as the Vietnamese textile and garment industry has been losing popularity.
06-09-2017 16:30
Increasing the regional minimum wages, coupled with the high prices of social insurance and ocean shipping fares, has raised concerns about the development of Vietnam's textile and garment industry.
29-08-2017 13:45
The failing state-funded Dinh Vu polyester plant invested by PetroVietnam Petrochemical and Textile Fiber JSC (PVTex), a joint venture of PetroVietnam and Vietnam National Textile and Garment Group (Vinatex), will be pushed to the brink of bankruptcy if foreign investors refuse to co-operate with PVTEX to revise the plant’s operations.
24-08-2017 13:34
The World Bank has officially introduced a $312.5-million loan package as part of the project themed “Vietnam Energy Efficiency for Industrial Enterprises” (VEEIE) to provide Vietnamese textile and garment enterprises capital to modernise equipment to save energy.
11-08-2017 19:16
Vietnam National Textile and Garment Group (Vinatex) has proposed the prime minister to allow the company to divest all state-owned capital as a measure to resolve difficulties in business.
30-07-2017 10:44
With no sharp increase in sight, and despite a reduced number of projects in recent years, the Vietnamese textile industry still attracts more than $750 million in FDI in the first six months of this year, mostly from investment capital increases in existing projects.
23-07-2017 10:27
Indian companies are looking to expand their presence in the Vietnamese textile and garment sector by selling machinery and technology to local partners.
14-07-2017 13:00
The Korea Institute of Industrial Technology (KITECH) and the Việt Nam Textile and Apparel Association (VITAS) on Thurday held a conference to promote smart manufacturing for Viet Nam’s textile industry.
07-07-2017 09:10
Việt Nam’s garment and textile revenue increased for the first half of this year but experts said the growth has not yet become sustainable.
22-06-2017 14:56
The Ministry of Public Security’s Investigative Agency has decided to prosecute five former executives of the textile factory of the State-run giant, PetroVietnam, and a subsidiary, for causing considerable economic losses.
21-06-2017 09:06
Prime Minister Nguyễn Xuân Phúc has urged the Việt Nam National Textile and Garment Group (Vinatex) to undertake comprehensive reform to develop its production and business. The message was conveyed yesterday to Vinatex by a working group led by Government Office Chirman Mai Tiến Dũng.