Advanced search
Search Results: 515 results for keyword "textile".
50 per cent of textile firms adopt sustainable production
18-07-2023 19:08
In the context of high inventories and dwindling demand, textile firms are seeking to green their production to receive orders.
FIEs in Vietnam promote green energy growth
17-07-2023 19:02
With recent power shortages stemming from increased seasonal demand, along with the growing appetite for electricity from commercial and residential developments, the need for a more reliable power supply has made Vietnam an attractive market for foreign investors to develop rooftop solar energy. This has been led by Vietnam's foreign-invested enterprises (FIEs) in the manufacturing sector, particularly the electronics, semiconductor, and textile industries
Textile apparel sector losing advantage in price competition
17-07-2023 09:08
Many producers in the textile apparel sector are on tenterhooks as export orders are increasingly shifting to other countries like Bangladesh or India for more favourable pricing.
Regina Miracle slashes workforce by 8,400 amidst falling export orders
04-07-2023 10:30
Facing a significant downturn in export orders, Regina Miracle, a global lingerie manufacturer, has reduced its Vietnamese workforce by 8,400 employees within a year, reflecting wider economic challenges in the country's textile and leather sectors.
Apparel groups anticipate ongoing rocky progress
04-07-2023 09:55
India and Bangladesh are competing with Vietnam for garment orders, but China is the most formidable rival, while Cambodia and Myanmar are emerging as new exporting nations.
Textile apparel sector in dire straits
03-07-2023 08:51
Businesses in the textile apparel sector face critical times amid sinking domestic and global demand, and a heavy drop in export processing fees.
70,000 garment and textiles job cuts since January
06-06-2023 08:16
According to a report of the Ministry of Labour, Invalids and Social Affairs (MoLISA) released on June 5, workers in the garment and textile sector suffered the most from a series of job cuts in the first five months of this year, with 70,000 workers losing their jobs and 66,600 having their working hours reduced.
Tough times for garments and textiles firms
26-05-2023 16:00
Garments and textiles firms are experiencing several hardships at the same time, with not only crippling interest repayments, but some are also experiencing scarcity of capital and a considerable drop-off in orders. Add in a slow and complex tax refund system, and it's easy to see why garments and textiles firms are suffering.
Apparel firms scaling down business targets
10-05-2023 12:09
Many apparel, textile and spinning firms are setting 2023 business targets far below last year's figures amid gloomy market conditions and sinking orders.
Garments and textiles sector cautious for 2023
28-04-2023 16:26
Businesses in the garments and textiles sector are being cautious in their business plans for 2023 amid diminishing total demand and rising inventory.
Apparel groups begin fine-tuning goals
13-04-2023 13:00
Players in the garment and textile sector are crafting prudent business targets with radical measures to weather current stormy times spanning from late last year.
Apparel groups under supply chain pressure
15-03-2023 11:00
Vietnam’s textiles, garments, and footwear are compelled to compete on the basis of quality, the environment, and the working conditions of its employees, since low-cost labour and cheap prices are no longer an advantage.
Textiles and garments must satisfy importer needs
15-03-2023 09:00
Vietnam’s textile and garment sector is developing new competitive advantages to preserve its position as the world’s third-largest exporter. Van Nguyen spoke with Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association, on the subject.
Hill still to climb for industrial production targets to be met
14-03-2023 09:59
Vietnam’s industrial production is faced with high problems caused by a rise in costs and material shortages, which are undermining the country’s economic outlook.
Vietnam a 'star in global supply chain'
13-03-2023 10:00
Vietnam is a star in the global supply chain in terms of garments and textiles, footwear and electricity, according to a new report.
Mobile Version