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Search Results: 522 results for keyword "textile".
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.
Choosing the optimal time for greener investment
01-12-2022 17:00
In the context of a drop in textile and apparel orders, the purchasing power of the industry has diminished as a result of the economic recession and inflation. Truong Van Cam, general secretary and vice chairman of the Vietnam Textile and Apparel Association, explained to VIR’s The Hai why now is the time for textile producers to explore restructuring and investing in their facilities under a greener model.
Local groups stuttering amid drop in new orders
18-11-2022 14:00
The sharp drop in the number of orders has pushed Vietnamese exporters in textiles, garments, leather, footwear, wood furniture, and even food to close production lines and narrow their scale.
Textile enterprises face difficulties in 2023
18-11-2022 06:59
The economic downturn and high inflation in many major export markets exerts difficulties on Vietnam’s textile exporters for 2023.
Garment and textiles going green in push to hit turnover goals
27-10-2022 15:00
The garment and textiles industry in Vietnam is going green, with a series of companies and factories embracing eco-friendly initiatives firmly in line with global trends.
Why Singapore and Vietnam together mean business
17-10-2022 10:23
At first glance, there may appear to be few similarities between the economies of Vietnam and Singapore. One is a leading exporter of consumer electronics, textiles, and footwear while the other is a global hub for shipping, technology, and financial services. Yet, like many successful partnerships, strong potential synergies exist.
Sustainability key to cotton production growth: Experts
05-10-2022 09:05
Sustainable cotton production will drive continuous improvement of the garment and textile industry's key indicators for sustainable development, according to experts.
Scope exists for wider trade relations with Great Britain
09-09-2022 15:06
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
01-09-2022 10:00
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.
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