15-01-2014 14:33
The textile and garment sector outperformed in 2013 with total export value more than $1 billion above the annual target.
11-01-2014 09:50
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.
06-01-2014 11:13
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.
31-12-2013 16:00
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.
23-11-2013 00:00
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.
19-11-2013 09:58
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.
09-11-2013 10:27
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.
02-11-2013 08:52
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.
25-10-2013 10:37
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.
24-10-2013 16:25
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.
23-10-2013 16:24
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.
22-10-2013 11:10
Australian and Vietnamese textile companies are hastening a joint project that plans to propel Vietnam into a leading position of global textile manufacturers.
03-10-2013 10:39
As competition between textile and garment producers and exporters heats up, several have invested into increasing their production lines to expand their potential markets.
30-09-2013 16:05
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.