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Search Results: 515 results for keyword "textile".
Lay-offs and exports dip haunt vital manufacturing
09-03-2023 10:00
Foreign-invested enterprises look set to struggle this year, particularly in garments, textiles, and footwear, as exports continue to fall and more workers are laid off.
Textile and apparel firms struggling amid interest woes
03-03-2023 20:01
Many textile and apparel firms have had to postpone investment and expansion plans in the face of soaring interest rates, high production costs and dwindling order intake.
Leather industry faces challenges to maintain growth
24-02-2023 21:00
The Vietnam Leather, Footwear and Handbag Association (Lefaso) expects to face many challenges this year in its efforts to maintain growth in the industry, according to the company's chairman, Nguyen Duc Thuan. This is despite the sector overcoming many difficulties to achieve impressive export turnover in 2022.
Garment firms look to brighter horizon
22-02-2023 16:34
Vietnam's textiles sector could be facing brighter prospects this year as, despite the overall gloomy forecast for the global economy for 2023, local producers are aiming to meet the growing demand for clothes in the international market.
Textiles and footwear industries face challenges
20-02-2023 14:00
Vietnamese textile and footwear businesses that participate in the supply chain are facing a slew of new possibilities and difficulties, according to industry insiders.
Japanese textile enterprises consider shrinking production in Vietnam
15-02-2023 12:06
Facing labour cost increases and a low localisation rate, some Japanese textile companies are thinking about cutting production in Vietnam.
Garment and textile groups cracking on with orders
15-02-2023 09:58
Despite woes from domestic and export markets, garment and textile businesses have been excited to start production in the new lunar year, finding out new opportunities and markets to reach the goals set forth.
Apparel makers seek ways to overcome difficulties ahead
14-02-2023 15:23
With obstacles and challenges awaiting the garment and textile sector in the first half given a lack of recovery signal in global demand, most firms have prepared their schemes to overcome.
UK settles £2.3bn trade row with EU
13-02-2023 15:51
Britain said Thursday it had paid a whopping £2.3 billion ($2.8 billion) to settle a long-running row with the EU, despite having quit the bloc.
More responsible operations to help expand textile chains
18-01-2023 22:00
Vietnam’s textile and apparel sector is aiming to climb up the value chain, but export and distribution networks remain fundamental flaws.
Garment and footwear exports hit new peak at $71 billion
18-01-2023 11:17
Despite orders in the last quarter dropping sharply, garment and footwear production still reported its highest figures of $71 billion in export turnover in 2022.
Aurora IP makes further strides to support textile dyeing industry
11-01-2023 11:43
On January 6, Cat Tuong Real Estate Group JSC inaugurated the CTe AQUA pumping station and pipeline system, marking an important milestone in completing the infrastructure for Rang Dong Textile Industrial Park (Aurora IP).
Vinatex has flat revenue targets for 2023
03-01-2023 15:54
Due to the anticipated market downturn, Vinatex predicts flat revenue and profit of just 86 per cent in 2023 compared to 2022.
Exporters urged to proactively deal with drop in orders
26-12-2022 16:34
A new HSBC report has underlined the choppy waters ahead for Vietnamese exports, encouraging industries in the country to plan ahead by eyeing up niche markets and taking on smaller orders to maintain production.
Textile groups at pains to regather momentum
01-12-2022 18:00
Orders of textile and garment exporters in the last months of the year have been falling sharply compared to production capacity, combined with fluctuating raw material prices, leaving many businesses to prepare for a bumpy year ahead.
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