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Search Results: 210 results for keyword "textile and garment".
Vinatex pre-tax profit doubles on-year from buoyant yarn business
27-12-2021 08:23
The rosy yarn business has contributed over 50 per cent to Vinatex’s total pretax profit of VND1.2 trillion ($52.17 million) in 2021, twice as much as in 2020 and 70 per cent higher against than in the pre-pandemic level in 2019.
Production aids business confidence
18-11-2021 14:11
With export companies recovering well following the lifting of COVID-19 restrictions and workers returning, numerous businesses are hoping for support in order to invest in new technology to enhance productivity.
Nike and Adidas maintain supply chain operations in Vietnam
17-11-2021 13:23
Rumours that Nike and Adidas would move production out of Vietnam in August and September were rebutted by the Vietnam Textile and Apparel Association (VITAS) as the brands do not own any plants in the country.
Vietnamese textile and garment producers on track with 2021's goal
15-11-2021 20:29
Despite the heavy influence of the pandemic, Vietnam's textile and garment makers are striving to achieve the nations' export turnover target in 2021, further supported by the prestigious Vietnam Value Programme, which itself aims to raise recognition of domestic products at home and abroad.
68.1 per cent of textile and footwear businesses hit with fines for late delivery
09-10-2021 15:28
A new survey reveals that a large number of textile and footwear enterprises have been fined by some brands for late deliveries in 2021 and new orders for 2022 were suspended or reduced in quantity.
MPI supports adidas and other factories in south to resume operations
01-10-2021 08:00
The Ministry of Planning and Investment (MPI) and southern authorities pledged to support adidas and other companies in overcoming the pandemic to resume soon.
Thanh Cong Textile recognises first monthly loss in 2021
16-09-2021 12:10
Thanh Cong Textile Garment – Investment – Trading JSC (HSX: TCM), one of the leading enterprises of Vietnam's textile and garment industry, reported its first after-tax loss of $282,425 of the year in August due to the COVID-19 pandemic.
Living wage for garment workers in Vietnam up 57 per cent
02-09-2021 11:26
According to a new analysis from the non-profit Fair Labor Association (FLA), clothing companies in Vietnam were able to raise workers' wages by as much as 57 per cent over the past three years.
CEOs of global brands call on US to provide more vaccines to Vietnam
15-08-2021 16:38
90 CEOs of world-renowned brands including Adidas, Gap, Echo Lake, and Nike have signed a letter to US President Joe Biden requesting more COVID-19 vaccine support for Vietnam.
Enterprises at risk of falling out of global supply chains due to fourth outbreak
15-08-2021 16:35
Although Vietnam has dealt with previous COVID-19 outbreak with spectacular success, it stands to lose some of its hard-earned gains if it cannot overcome the latest outbreak that has paralysed industries in the past couple of months.
Textile and apparel sector yearning for government support to curtail COVID-19 impacts
08-08-2021 13:39
Textile and apparel businesses in South Vietnam are facing critical levels of disruption due to severe social distancing measures to combat the COVID-19 pandemic and are requesting urgent support from the government and other industries to reboot operations.
Four trade associations propose to buy vaccines for member companies from UAE
31-07-2021 18:56
Four trade associations have sought the government's approval to buy COVID-19 vaccines from a company in the United Arab Emirates (UAE) to provide free injections to their employees.
Textilers adhering to strict measures
29-07-2021 11:44
Despite positive results in the first half of 2021, textile and garment businesses are facing enormous challenges to maintain their manufacturing activities during a social distancing period in the south.
Textile and garment makers seek multitude of options
16-07-2021 08:07
As the current outbreak of the pandemic remains complicated, textile and garment makers fear lasting impacts on their operations, with many of them hoping for either direct support from the government or the permission to take the initiative themselves.
Coolmate draws $500,000 investment from STIC Investments
14-06-2021 08:17
Coolmate, a Vietnamese men's clothing brand selling through its own e-commerce store, has recently wrapped up a $500,000 pre-A round investment from South Korea’s STIC Investments.
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