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Search Results: 522 results for keyword "textile".
Aurora IP to host $30 million Singaporean megaproject
18-09-2023 17:08
The Vietnam Textile and Apparel Association forecasts garment and textile exports to surpass $45 billion this year, driven by the opportunities provided by new free trade agreements (FTAs).
Positives signs for garments and textiles
30-08-2023 15:43
Figures from the General Department of Vietnam Customs show that Vietnam’s export value of garments and textiles rose 9.15 per cent to $392 million and 3.2 per cent to $3.2 billion respectively in July.
Vietnam's garment and textile companies eye sustainable products
29-08-2023 17:33
Companies seek to diversify supply chains to tap into opportunities from a wide range of new-generation free trade agreements and an increasing flow of investments into the local market.
Vietnam, RoK strengthen textile cooperation
25-08-2023 11:37
The Vietnam Textile and Apparel Association (VITAS) and the Korea Federation of Textile Industries (KOFOTI) have signed a memorandum of understanding (MoU) to strengthen bilateral cooperation, KOFOTI announced on August 24.
Vietnam prepares for EU’s sustainable textiles overhaul
21-08-2023 15:22
As the European Union attempts to transition to a more sustainable and circular economy, exporting nations will confront new laws and criteria to access the EU market, notably when it comes to garments and textiles.
Textile apparel sector increasingly going green
15-08-2023 17:30
More producers in the textile apparel sector are adopting measures for green and sustainable production to meet increasingly stringent requirements from trading partners, as well as create extra income sources.
Five items with export value of over 10 billion USD
07-08-2023 09:48
Five commodities posted an export value of more than 10 billion USD in the first seven months of this year, making up 57.6 per cent of Vietnam’s total exports.
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.
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