scope exists for wider trade relations with great britain

Scope exists for wider trade relations with Great Britain

Every year, British businesses import about $7 trillion of goods from all over the world. These can include cars, iron and steel, medical equipment and supplies, electronic goods, textiles and footwear, furniture, foodstuffs, and more. Some Vietnamese enterprises have penetrated the UK market, but with a very humble market share.
textile and garment groups feeling global squeeze

Textile and garment groups feeling global squeeze

A lack of orders is throwing a wrench into the works of textile and footwear enterprises that are already struggling with increasingly higher production costs than the competition in other markets.
textile and apparel firms increasingly going green

Textile and apparel firms increasingly going green

Going green increasingly becomes an inevitable trend among firms in the textile and apparel sector, with more units bolstering investment into greening their production.
us ratchets up origin tracing on cotton materials

US ratchets up origin-tracing on cotton materials

Amidst the changing geo-political landscape, the traceability of cotton materials has become a top concern for textile exporters.
facilitating recovery of vietnams yarn sector in midst of us policy enforcement

Facilitating recovery of Vietnam’s yarn sector in midst of US policy enforcement

The Vietnam Textile and Apparel Association has held a meeting with the US partners to discuss the enforcement of the Uyghur Forced Labor Prevention Act. Association chairman Vu Duc Giang shared with VIR’s Ky Anh the impact of the act on Vietnam’s garment exports to the United States.
vietnamese textile and garment businesses facing compliance pressure

Vietnamese textile and garment businesses facing compliance pressure

Vietnam's textile and apparel manufacturers are stepping up their efforts to comply with international standards for origin traceability.
textile garment exports set to reach 43 billion usd this year vitas

Textile-garment exports set to reach 43 billion USD this year: VITAS

Vietnamese textile-garment producers set to earn up to 21 billion USD from exports in the second half of 2022, raising total shipments of the year to around 42 – 43 billion USD, Chairman of the Vietnam Textile & Apparel Association (VITAS) Vu Duc Giang told a press conference on July 21.
robust mechanisms required to conquer russian textile market

Robust mechanisms required to conquer Russian textile market

With many advantages and an existing free trade agreement, Vietnam’s textile and garment exports to the $13-billion Russian market have big room for development, which could be further boosted by establishing joint ventures in the two nations.
small textile groups left behind as big brands take on recycling

Small textile groups left behind as big brands take on recycling

Some of Vietnam’s biggest textile groups are picking up on the worldwide trend of utilising recycled materials, with several largest global brands increasingly switching to greener methods.
textile groups in demand slump

Textile groups in demand slump

The challenge for Vietnam’s textile and garment exporters remains the high price of input materials, coupled with inflation that is reducing general shopping demand.
textile producers prepared for barrage of disruption

Textile producers prepared for barrage of disruption

Vietnamese enterprises are trading well so far this year, but key exporters in textiles, garments, leather, and footwear are still suffering from increasing raw material costs.
cme solar and song hong garment promote green energy

CME Solar and Song Hong Garment promote green energy

Known as a leading developer of green energy in Vietnam, CME Solar Company (CMES) has made efforts to accompany many enterprises in the textile, garment, and footwear industries in their transition to using green energy during their production.
exports to eu set new record

Exports to EU set new record

In the first five months of this year, Vietnam’s exports to the EU have continued to flourish reaching $13.4 billion in export surplus and showing a 47 per cent jump on-year by efficiently leveraging the advantages of the EU-Vietnam Free Trade Agreement (EVFTA).
rosy apparel and footwear exports in the year to date

Rosy apparel and footwear exports in the year to date

The US, the EU, and Southeast Asian markets have all bolstered their imports of textiles and footwear from Vietnam, sharply boosting the export value of these sectors in the year to date.
listed garment groups predict a prosperous year

Listed garment groups predict a prosperous year

First-quarter results of listed textile and garment companies are setting a bright picture for 2022 and contributing to the year’s export goal of over $43 billion, despite the uncertain global economy.