vib granted a vnd420bn credit to texhong

VIB granted a VND420bn credit to Texhong

Vietnam International Bank (VIB) and Texhong Yinlong Technology Limited, a subsidiary of Texhong Textile Group – one of the top 10 largest textile groups headquartered in Hong Kong, have signed a VND420 billion ($20 million) credit agreement to finance the firm’s facility in northern Quang Ninh’s Hai Yen Industrial Park.
hong kong group invests 200 million in garment project

Hong Kong Group invests $200 million in garment project

The TAL Group from Hong Kong plans to invest $200 million to produce fabrics, garments and textiles in Vietnam.
garment sector dressed for success

Garment sector dressed for success

The textile and garment sector is working to get itself in shape for brighter horizons.
fta opens doors for garment industry in vietnam

FTA opens doors for garment industry in Vietnam

EU market was the second largest consumer of garments and textiles from Vietnam, after the US market, but the ongoing debt crisis in Europe has caused a slump in this industry, with Japan now replacing it as the second largest importer.
textile shareholders break out the champagne

Textile shareholders break out the champagne

Textile and garment sector shareholders are happy with a solid dividend payment amid continuing economic hardships.
finland open to more trade with viet nam

Finland open to more trade with Viet Nam

Vietnamese businesses are being encouraged to export more textiles, furniture, footwear products and ICT equipment to Finland.
garment export to new markets sees strong growth

Garment export to new markets sees strong growth

Vietnam’s garment and textile export saw strong growth in several new markets in the first quarter of this year, with the rate as high as 134 percent in Norway and 120 percent in New Zealand, according to statistics from the General Customs Department.
bright forecast for textile industry

Bright forecast for textile industry

The domestic textile industry will be greeted with opportunities and orders in the near future.
garment businesses see bright signs in export

Garment businesses see bright signs in export

Local garment and textile businesses felt excited in the first two months of 2013 as orders from abroad came in droves.
pm okays restructuring plan for vinatex vinacomin

PM okays restructuring plan for Vinatex, Vinacomin

Prime Minister Nguyen Tan Dung has approved the restructuring plan for the Vietnam National Textile and Garment Group (VINATEX) during the 2013-2015 period to increase the group’s efficiency and competitiveness.
clothing exports surge by 28 pct

Clothing exports surge by 28 pct

Export revenue of textiles and garments surged 28.4 per cent to $1.05 billion in the first month of the year, according to the Ministry of Industry and Trade.
fibre makers bring synergy to textile and garment sector

Fibre makers bring synergy to textile and garment sector

Vietnam’s growing textile and garment sector is known as a bustling, labour-intensive producer of profitable exports - but one that still needs to heavily rely on imported raw materials.
textile industry to earn 20 billion early

Textile industry to earn $20 billion early

If the export growth of Vietnam’s textile and garment industry remains between 12 and 15 per cent, the sector will reach its target of $20 billion in 2014 ahead of the 2015 deadline, according to the Vietnam Textile and Apparel Association (VITAS).
textile and garment industry focus on key markets

Textile and garment industry focus on key markets

The US, Japan, the EU and the Republic of Korea will remain key export markets for Vietnam’s textile and garment industry in 2013, according to the Vietnam Textile and Apparel Association (VITAS).
japan step up to try vietnam on for size

Japan step up to try Vietnam on for size

Japan is forecasted to replace the European Union and become the second biggest garment and textile importer of the Vietnamese products in 2013.