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.
vinatex faces damage of 43 million due to covid 19

Vinatex faces damage of $43 million due to COVID-19

In case the COVID-19 pandemic is brought under control in May and the economy recovers from June onwards, the textile and garments sector is estimated to sustain a damage of VND11 trillion ($478.26 million), VND1 trillion ($43.48 million) of which will come from Vietnam National Garment and Textile Group (Vinatex).
no end to woes of local textile and garment industry

No end to woes of local textile and garment industry

While the supply of raw materials from China is recovering after a month of suspension, textile and garment businesses find that they have moved out of the frying pan into the fire as the COVID-19 pandemic rolling over the globe has forced the cancellation of all orders from the European Union and the United States.
garment firm donates hundreds of antibacterial shirts to hanoi hospital

Garment firm donates hundreds of antibacterial shirts to Hanoi hospital

The Hanoi Textile and Garment Joint Stock Corporation (Hanosimex) on March 26 presented 700 antibacterial shirts to the Hanoi Medical University Hospital in an attempt to support “frontline soldiers” in the fight against the novel coronavirus disease (COVID-19).
rules of origin pose questions for sectors jostling for position

Rules of origin pose questions for sectors jostling for position

Although the free trade agreement between the European Union and Vietnam will offer great opportunities for wood investors and exporters, its rules of origin may not provide a big boon to local textile and garment businesses.  
japanese kidswear brand opens first store in vietnam

Japanese kidswear brand opens first store in Vietnam

Miki House, Japan's leading infant and children clothes company, officially opened its first store in Ho Chi Minh City on February 25, making its first step in Vietnam.
uniqlo gap and nike disrupted by covid 19 epidemic

UNIQLO, Gap, and Nike disrupted by COVID-19 epidemic

The lack of local supply for garment and textile producers caused by the COVID-19 epidemic has raised concerns among international fashion brands like UNIQLO, Gap, and Nike.
textile sector set for success

Textile sector set for success

The Vietnamese textile and garment industry continued its big role as a key driver of Vietnam’s exports. Chairman of the Vietnam Textile and Apparel Association Vu Duc Giang talked with VIR’s Phuong Thu about how local firms can capitalise on free trade agreements and weather difficulties to move forward sustainably.
textile garment thrives with technology

Textile-garment thrives with technology

As workforce grows scarce and production costs mount, adopting advanced technology and improving the localisation ratio of materials and accessories are textile and garment enterprises’ best chance to reduce labour, raise product quality, and protect the environment.  
uniqlo dips toe in hanoi waters

UNIQLO dips toe in Hanoi waters

After announcing the opening of its first, 3,000 square metre store at Parkson Saigon Tourist Plaza in Ho Chi Minh City, Uniqlo is now recruiting staff in Hanoi.
hanoi garment firms try to go green

Hanoi garment firms try to go green

Vietnam is one of the world’s largest garment producers, but experts have called on enterprises to brush up their green credentials for the domestic market.
trade deals bring more foreign investment but also challenges

Trade deals bring more foreign investment but also challenges

With its series of recent free trade agreements, Vietnam is becoming very attractive to foreign businesses, especially in the textile and garment sector.