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.
vinatex delays ipo again

Vinatex delays IPO again

The Vietnam National Textile and Garment Group (Vinatex) will delay the IPO of the parent company by two months, according to an announcement by the Ho Chi Minh Stock Exchange.
foreign textile firms line up for tpp bonanza in vietnam

Foreign textile firms line up for TPP bonanza in Vietnam

Foreign investment in the textile and garment sector is increasing rapidly as international firms seek to take advantage of the benefits Viet Nam's will potentially derive when the Trans-Pacific Partnership Agreement comes into being.
korean investment grows in textile and garment sector

Korean investment grows in textile and garment sector

Korean investors are showing greater interest in Vietnam’s textile and garment sector.
vinatex set to launch ipo on july 22

Vinatex set to launch IPO on July 22

Vietnam National Textile and Garment Group, or Vinatex, will launch an initial public offering (IPO) on July 22, one year slower than earlier scheduled.
vietnam strings out yarn forward rule

Vietnam strings out yarn forward rule

Vietnam may be allowed to stretch-out its implementation of the yarn-forward rule for the garment and textile industry if it joins the currently under-negotiation Trans-Pacific Partnership.
textile and garment sector aims to reduce china reliance

Textile and garment sector aims to reduce China reliance

The Vietnam Textile and Apparel Association (Vitas) just sent a dispatch to businesses in the sector requiring them to supply data on their textile and garment materials and accessories, fibres, yarns, fabrics and dyes imported from China during 2013-2014.