flourishing exports in textile and garment leather and footwear industries

Flourishing exports in textile and garment, leather and footwear industries

Exports of textiles and garments, leather and footwear in the first four months have soared due to the gradual recovery of some major export markets of Vietnam.
ma appetite robust in textile and garment sector

M&A appetite robust in textile and garment sector

Vietnamese textile and garment firms struggling due to the COVID-19 pandemic are becoming potential targets for mergers and acquisitions (M&A).
global prospects abound for textiles

Global prospects abound for textiles

Vietnam’s textile and garment industry is being transformed to adapt to new challenges by diversifying its export and input markets, thereby lessening the dependence on certain countries.
bright signs from textile and apparel export

Bright signs from textile and apparel export

Many textile apparel firms have posted upbeat export performance in early 2021 with signed export orders until this upcoming July and August.
covid 19 puts black friday 2020 in gloomy atmosphere

COVID-19 puts Black Friday 2020 in gloomy atmosphere

Black Friday 2020 is submerging in a gloomy atmosphere as a result of the prolonged tightening wallets driven by COVID-19.
muji opens its largest store in southeast asia in vietnam

Muji opens its largest store in Southeast Asia in Vietnam

Muji, a Japanese retail company, officially opened its largest store in Southeast Asia in Vietnam in the context of its success in controlling the COVID-19 epidemic and Black Friday.
vietnamese fashion brand sixdo officially launched

Vietnamese fashion brand SIXDO officially launched

Local fashion brand SIXDO officially launched its fashion show and also opened 30 stores across the country.
textile garment exports to continue declining

Textile-garment exports to continue declining

The Vietnam Textile and Garment Group (Vinatex) forecasts the country’s textile and garment exports will continue to decline by 14-18 percent each month for the rest of 2020 over the same period last year.
song hong garment yet to set aside provisions for new york co receivables

Song Hong Garment yet to set aside provisions for New York & Co. receivables

Song Hong Garment (HSX: MSH) is running large risks by not setting aside provisions for the US partner’s debt.
vinatex facing difficulties in past two quarters

Vinatex facing difficulties in past two quarters

Scattered orders along with a saturated market for face masks – which was a temporary lean-to for so many textile and garment firms – have pushed Vietnam National Garment and Textile Group (Vinatex) in the deep in the last two quarters.
new york cos collapse a heavy hit to song hong garment

New York & Co's collapse a heavy hit to Song Hong Garment

Song Hong Garment is looking at bleaker prospects after the collapse of New York & Co, its largest overseas partner, fearing a scenario akin to that experienced by Thanh Cong Textile Garment Investment with Sears.
origin rules may bar textile makers from evfta boons

Origin rules may bar textile makers from EVFTA boons

Many of Vietnam’s textile and garment businesses could be deterred from the benefits of the free trade agreement between the European Union and Vietnam by falling short of the requisite rules of origin.
vietnams textile and garment companies suffer from jcpenney bankruptcy

Vietnam’s textile and garment companies suffer from JCPenney bankruptcy

Once JCPenney files for bankruptcy, hundreds of textile and garment stores, including those in Vietnam, will have to cease and desist orders.
viet tien foresees 70 per cent drop in profit due to covid 19

Viet Tien foresees 70 per cent drop in profit due to COVID-19

The COVID-19 lockdown deeply altered Viet Tien Garment Corporation's (UPCoM: VGG) outlook, forcing it to revise its profit plan to an estimated drop of 70 per cent this year.
textile makers skirt virus disruptions

Textile makers skirt virus disruptions

Temporary factory closures and imminent layoffs are going to push textile and garment enterprises into deep water due to a lack of raw materials as well as mass order cancellations from European and American buyers during the ongoing global health crisis.