textile and garment firms expect buoyant growth in 2015

Textile and garment firms expect buoyant growth in 2015

The upcoming signing of a raft of free trade agreements, both bilateral and multilateral, between Vietnam and other nations and organisations is having a positive impact on the performance of the local textile and garment industry.
taiwan firm breaks ground for 100m garment plant

Taiwan firm breaks ground for $100m garment plant

Taiwan's United Textile Co. Ltd. broke ground for a $100 million garment factory in the Mekong province of An Giang on Tuesday.
coats celebrates 25 years in vietnam and launches new services business

Coats celebrates 25 years in Vietnam and launches new services business

Coats plc, one of the world’s leading industrial thread and consumer textile crafts business, last week celebrated its 25 years of operating in Vietnam by the launch of Coats Global Services in Vietnam. 
indian material sources generate growing interest

Indian material sources generate growing interest

Local textile and clothing businesses are revealing a growing appetite for Indian material sources.
tal gets licensed for 50m textile plant in ba thien iz

TAL gets licensed for $50m textile plant in Ba Thien IZ

Singapore TAL Apparel Limited, a subsidiary of Hong Kong-backed TAL Group, one of the world’s largest clothing manufacturers last week received the investment certificate to build a $50 million facility to manufacture fabrics, garments and textiles in the northern province of Vinh Phuc.
japanese firm buys 9 million stake in vinatex

Japanese firm buys $9 million stake in Vinatex

Itochu Corporation, a multi-industry Japanese firm, has bought a 5 per cent stake of Vinatex, Vietnam’s largest textile company, for $9.25 million, reported Japanese newspaper Nikkei.
textile garment exports seen hitting 25b in 2014

Textile, garment exports seen hitting $25b in 2014

HCM CITY - Garment and textile exports are expected to rise by 15-16 per cent this year to between US$24.5 billion and 25 billion, according to the Viet Nam Textile and Apparel Association.
can local support industry meet the expectations

Can local support industry meet the expectations?

With the  Decision 9208 issued by the Ministry of Industry and Trade (MoIT) on October 8 on approving a new support industry plan with a focus on three main areas – spare parts, industrial textiles and hi-tech, local enterprises are highly expected to meet the demand of local and international industries.
textile businesses investing in advance of tpp

Textile businesses investing in advance of TPP

Leading textile and garment businesses have expanded production, invested into technology and ensured access to raw materials in their drive to further increase revenues in the coming time.
korea plans transfer of 167 technologies to vietnam

Korea plans transfer of 167 technologies to Vietnam

Korea plans to transfer technologies in the fields of mechanical engineering, textile-clothing and footwear, automotive, and electrical and electronics to Vietnamese enterprises, reported newswire VnExpress.net.
textile firms stitch up pre fta deals

Textile firms stitch up pre-FTA deals

vinatex giant buyers unveiled

Vinatex giant buyers unveiled

According to a source from the Vietnam National Textile and Garment Group, two strategic investors just registered to buy up to 120 million shares, tantamount to 24 per cent of the state textile and garment giant.
local firms lobby for limits to fdi in garment sector

Local firms lobby for limits to FDI in garment sector

Domestic textile and apparel firms are calling on the Vietnamese government to limit massive recent inflows of foreign direct investment into the labour-intensive sector in urban areas.
indian textile garment material suppliers look to increase market share in vietnam

Indian textile, garment material suppliers look to increase market share in Vietnam

Indian textile and garment material suppliers have drawn up a plan to raise their market share in Vietnam to 25 percent by 2018 to leverage the potential of both foreign suppliers and local customers, Manikam Ramaswami, chairman of the Cotton Textiles Export Promotion Council of India (TEXPROCIL), said at a seminar in Ho Chi Minh City on Friday.

Taiwan invests in textiles factory

HA NAM -Tai Yuen Co Ltd, a subsidiary company of the Taiwan-based Yun Lon Group, was given an investment licence yesterday to build a textile mill worth US$150 million in the northern province of Ha Nam.