textiles and cement top export list

Textiles and cement top export list

Textiles and garments led the field in terms of this year’s exports in the first four months.
foreign invested garment firms show ambitious growth

Foreign-invested garment firms show ambitious growth

Scores of foreign invested enterprises in the textile and garment sector are looking to expand their presence in Vietnam.
garment sector eyes localisation of inputs

Garment sector eyes localisation of inputs

The domestic garment and textile industry aims to reach a localisation rate of 60 per cent by 2015 to increase profits and competitiveness, and reduce the need for the imports of raw materials, according to the vice president of the Viet Nam National Textile and Garment Group (Vinatex).
vinatex announces investment plans

Vinatex announces investment plans

Viet Nam National Textile Garment Group (Vinatex) will invest VND4.8 trillion (US$228.5 million) in three projects in the central province of Quang Binh.
quang binh a lucrative venue to garment industry

Quang Binh - a lucrative venue to garment industry

The central province of Quang Binh has proved a hotspot for the textile and garment business thanks to its upgraded infrastructure, skilled workforce and compelling investment incentives.
foreign garment firms focusing investment on supply chains

Foreign garment firms focusing investment on supply chains

Foreign firms are showing an even greater interest in Vietnam’s textile and garment industry.
exporters bemoan new customs red tape tussle

Exporters bemoan new customs red tape tussle

Many exporters, especially those devoted to garments and textiles, are unimpressed by a Ministry of Finance regulation which could cause an increase in their operational costs.
vinatex asks for share sale cash

Vinatex asks for share sale cash

State-owned national textile and garment group Vinatex has requested that the Vietnamese government allow the group to use the capital raised through selling off the state’s shares following equitisation to bolster productivity.
chinese firm targets quang ninh expansion plans

Chinese firm targets Quang Ninh expansion plans

Texhong Group, one of the largest suppliers of cotton and spandex in the world and among the top 10 businesses in China’s textile and garment sector, is making a further push into Vietnam with its newest $300 million cutting-edge fabric plant proposed to open in Quang Ninh this May.
textile exports continue to rise

Textile exports continue to rise

vinatex prepared for sell off

Vinatex prepared for sell-off

Vietnam’s largest textile and garment manufacturer Vinatex has again failed to complete procedures for a first quarter initial public offering.
tpp offers garments and textiles huge opportunities

TPP offers garments and textiles huge opportunities

Free trade agreements such as that with the Customs Union of Russia, Belarus, and Kazakhstan, and the Trans-Pacific Partnership (TPP), will expand export markets for Vietnamese garments and textiles, according to Industry and Trade Minister Vu Huy Hoang.
upcoming tpp drives multi sector expansion

Upcoming TPP drives multi-sector expansion

With Tet having come to a close, numerous textile, garment, footwear and beverage companies are kicking off ambitious new development projects.
garment businesses join international fair in paris

Garment businesses join international fair in Paris

Three Vietnamese garment and textile businesses participated in the Paris apparel and garment fair – Who’s next 2014 which is taking place from January 25-28. The annual professional event aims to introduce new trends for fashion designs and showcase collections and designs from prestigious global fashion houses.
binh duong hits industrial growth in key sectors

Binh Duong hits industrial growth in key sectors

Since the start of 2014, the southern province of Binh Duong has seen consistent growth in the wood processing, garment and textiles, footwear and ceramic industries.