2013 a ripe year for garment sector

2013 a ripe year for garment sector

The textile and garment sector outperformed in 2013 with total export value more than $1 billion above the annual target.
tpp lures swarms of garment producers

TPP lures swarms of garment producers

textile exports forecast to grow

Textile exports forecast to grow

The Viet Nam Textile and Apparel Association (VITAS) expects the export value of the textile and apparel industry to show strong growth this year, an official of the association said.
mobile phones top textiles signalling shift in economy

Mobile phones top textiles signalling shift in economy

The robust growth of foreign direct investment in the manufacturing sector, led by multinational companies, is a great opportunity for Vietnam to achieve its industrialisation target. Ngoc Linh reports.
yarn garments expected to push e land thanh cong ahead

Yarn, garments expected to push E-land Thanh Cong ahead

The E-land Thanh Cong Group is pinning high hopes on apparel and yarn sales as the Trans Pacific Partnership (TPP) is expected to provide more opportunities for Vietnam’s garments and textiles.
pm decision to accelerate textile projects

PM decision to accelerate textile projects

Two Hong Kong-backed textile and garment projects in the northern Hai Duong province are expected to push forward after being long bogged down by site clearance procedures.
formosa to add 500m investment

Formosa to add $500m investment

Taiwan’s largest industrial group Formosa is going to spend an additional $500 million to expand its textile and plastics production capacity in Vietnam, in anticipation of the zero-tariff treatment for exports after Vietnam joins Trans-Pacific Partnership agreement.
vinatex focuses garment investments on central region

Vinatex focuses garment investments on central region

Leading state-owned textile and garment group Vinatex is scaling up investments into the central region pursuant to the sector’s strategy to relocate factories to localities.
textiles exports toast stellar 2013 performance

Textiles exports toast stellar 2013 performance

Viet Nam's textile and garment industry expects to surpass its initial 2013 export target of US$19 billion by an extra by $1 billion.
tpp will make vietnam the worlds biggest garments center

TPP will make Vietnam the world’s biggest garments center

Analysts believe that once joining the Trans Pacific Strategic Economic Partnership (TPP) agreement, Vietnam would have the opportunity to become one of the three biggest textiles and garments centers in the world.
vietmans largest textile firm says ipo price remains a mystery

Vietman’s largest textile firm says IPO price remains a mystery

Vinatex, the country’s largest textile company, is due to IPO (initial public offering) during the last quarter of this year at a price its CEO says remains a mystery.
phong phu director discusses itg conflict

Phong Phu director discusses ITG conflict

ITG-Phong Phu textile, dyeing and garment complex in central region’s Danang city went operational in December 2008. It was a joint venture between leading US fabric maker International Textile Group (ITG) and Vietnam’s Phong Phu Corporation, one of the country’s leading textile and garment firms. After only three years, however, it came to a screeching halt. Phong Phu’s general director Pham Xuan Trinh shines further light on the shutdown.
australian wool makes major gains in vietnam

Australian wool makes major gains in Vietnam

Australian and Vietnamese textile companies are hastening a joint project that plans to propel Vietnam into a leading position of global textile manufacturers.
garment firms making major expansions

Garment firms making major expansions

As competition between textile and garment producers and exporters heats up, several have invested into increasing their production lines to expand their potential markets.
itg shut prominent textile plant amid dispute

ITG shut prominent textile plant amid dispute

Leading US fabric maker International Textile Group (ITG) and Vietnam’s Phong Phu Corporation are seeking investors to take over their cotton manufacturing joint venture in Danang after the factory has been held in stasis for nearly two years by a dispute between the two partners.