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.
businesses propose high dividend payments to shareholders

Businesses propose high dividend payments to shareholders

Many businesses in the apparel sector are offering shareholders high dividend payments, leveraging buoyant performances in the past year.
textile producers aspire double digit growth in 2022

Textile producers aspire double-digit growth in 2022

Many textile and apparel producers have envisaged a double-digit growth in 2022, rooted in a strong market rebound globally and advantages from the implementation of diverse free trade agreements with Vietnam’s engagement.
taiwanese textile firm wants help to start expansion project in binh duong

Taiwanese textile firm wants help to start expansion project in Binh Duong

Authorities of the southern province of Binh Duong on March 29 met with Yeh Ming Yuh, Director-General of Polytex Far Eastern Vietnam, to discuss how to help the textile firm to resolve issues facing its expansion project at Bau Bang Industrial Park.
balance to find with overtime reform

Balance to find with overtime reform

Over the past year at least, enterprises have faced serious issues in business development and production, especially those in the seafood, footwear, or textile industries.
giz and decathlon join efforts to improve environmental performance in vietnam

GIZ and Decathlon join efforts to improve environmental performance in Vietnam

The German Development Cooperation Agency GIZ and Decathlon – a network of innovative retail chains and brands from France – have launched a joint initiative to improve the environmental performance of the garment and textile supply chain in Vietnam.
creating more solidarity to accomplish vinatex goals

Creating more solidarity to accomplish Vinatex goals

Vietnam’s garment and textile exports were estimated to have hit $39 billion last year, representing an increase of 11.2 per cent on-year and 0.3 per cent higher than the figure in 2019, before strict pandemic restrictions were imposed. This success was attributed partly to Vietnam’s state-run Vinatex and its subsidiaries, which all expect further impressive growth this year.
shares finish higher in final session prior to tet holiday

Shares finish higher in final session prior to Tet holiday

Shares finished higher during the final trading session prior to the Tet holiday on January 28, propped up by the growth of banking and textile stocks
brightened prospects for garment and textile industry

Brightened prospects for garment and textile industry

Thanks to the flexible policies of the government on pandemic prevention and international integration, garment and textile exporters have been overcoming the woes of 2021 and achieved their yearly targets.
garment and textiles face reality of fierce global rivalry

Garment and textiles face reality of fierce global rivalry

Vietnam’s garment and textile sector has reached the 2021 export target, but is confronted with ever-growing competition from the Asian continent as well as other markets.