09-10-2021 15:28
A new survey reveals that a large number of textile and footwear enterprises have been fined by some brands for late deliveries in 2021 and new orders for 2022 were suspended or reduced in quantity.
06-10-2021 10:00
Both individuals and businesses are in critical need of further reductions of fees and taxes as they attempt to claw their way out of 2021’s economic fallout.
01-10-2021 08:00
The Ministry of Planning and Investment (MPI) and southern authorities pledged to support adidas and other companies in overcoming the pandemic to resume soon.
16-09-2021 12:10
Thanh Cong Textile Garment – Investment – Trading JSC (HSX: TCM), one of the leading enterprises of Vietnam's textile and garment industry, reported its first after-tax loss of $282,425 of the year in August due to the COVID-19 pandemic.
03-09-2021 10:00
With the autumn-winter season coming up, Vietnam’s garment and textile industry could cash in on the increased demand for clothing. However, amid social distancing, a resulting labour shortage, and vastly increased shipping costs, domestic apparel producers are struggling to make use of such opportunity and keep up with orders.
02-09-2021 11:26
According to a new analysis from the non-profit Fair Labor Association (FLA), clothing companies in Vietnam were able to raise workers' wages by as much as 57 per cent over the past three years.
15-08-2021 16:38
90 CEOs of world-renowned brands including Adidas, Gap, Echo Lake, and Nike have signed a letter to US President Joe Biden requesting more COVID-19 vaccine support for Vietnam.
15-08-2021 16:35
Although Vietnam has dealt with previous COVID-19 outbreak with spectacular success, it stands to lose some of its hard-earned gains if it cannot overcome the latest outbreak that has paralysed industries in the past couple of months.
08-08-2021 13:39
Textile and apparel businesses in South Vietnam are facing critical levels of disruption due to severe social distancing measures to combat the COVID-19 pandemic and are requesting urgent support from the government and other industries to reboot operations.
03-08-2021 09:53
Vietnam has overtaken Bangladesh as the second-biggest garment exporter, according to the latest data released by the World Trade Organization (WTO).
31-07-2021 18:56
Four trade associations have sought the government's approval to buy COVID-19 vaccines from a company in the United Arab Emirates (UAE) to provide free injections to their employees.
29-07-2021 11:44
Despite positive results in the first half of 2021, textile and garment businesses are facing enormous challenges to maintain their manufacturing activities during a social distancing period in the south.
16-07-2021 08:07
As the current outbreak of the pandemic remains complicated, textile and garment makers fear lasting impacts on their operations, with many of them hoping for either direct support from the government or the permission to take the initiative themselves.
14-06-2021 08:17
Coolmate, a Vietnamese men's clothing brand selling through its own e-commerce store, has recently wrapped up a $500,000 pre-A round investment from South Korea’s STIC Investments.
26-05-2021 08:00
On-spot exports are now not subject to duty exemption, possibly derailing the recovery of textile and footwear companies.