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.
vinatex pre tax profit doubles on year from buoyant yarn business

Vinatex pre-tax profit doubles on-year from buoyant yarn business

The rosy yarn business has contributed over 50 per cent to Vinatex’s total pretax profit of VND1.2 trillion ($52.17 million) in 2021, twice as much as in 2020 and 70 per cent higher against than in the pre-pandemic level in 2019.
vietnam rok firms look to boost trade in apparel footwear

Vietnam, RoK firms look to boost trade in apparel, footwear

The Republic of Korea (RoK) is the largest investor in the textile - garment and leather - footwear industries of Vietnam, which holds considerable chances to boost the export of these commodities to the Northeast Asian market, heard a recent teleconference.
production aids business confidence

Production aids business confidence

With export companies recovering well following the lifting of COVID-19 restrictions and workers returning, numerous businesses are hoping for support in order to invest in new technology to enhance productivity.
nike and adidas maintain supply chain operations in vietnam

Nike and Adidas maintain supply chain operations in Vietnam

Rumours that Nike and Adidas would move production out of Vietnam in August and September were rebutted by the Vietnam Textile and Apparel Association (VITAS) as the brands do not own any plants in the country.
vietnamese textile and garment producers on track with 2021s goal

Vietnamese textile and garment producers on track with 2021's goal

Despite the heavy influence of the pandemic, Vietnam's textile and garment makers are striving to achieve the nations' export turnover target in 2021, further supported by the prestigious Vietnam Value Programme, which itself aims to raise recognition of domestic products at home and abroad.
garment makers face unpredictable shopping season

Garment-makers face unpredictable shopping season

Deeply stuck amid labour and raw material shortages, textile and footwear businesses are being urged to prepare for next season, even if preparations must be executed with lowered capacities