export picture brightening in q1

Export picture brightening in Q1

Export performance in the first quarter of this year has exposed bright spots with diverse sectors managing positive growth. Businesses, however, have also spotted ‘dark areas’ and need to come up with suitable remedies.
garments and textile heads demand assistance

Garments and textile heads demand assistance

At a conference on March 14 to resolve difficulties in manufacturing and to promote growth and macroeconomic stability, Le Tien Truong, chairman of Vietnam National Textile and Garment Group (Vinatex), provided a stark overview of the garments and textiles industry with the prime minister and numerous business leaders from various sectors in attendance.
textile apparel exporters proactive in tackling issues

Textile apparel exporters proactive in tackling issues

Global economic headwinds herald a challenging year ahead for textile apparel export, forcing firms in the sector to embrace flexible remedies.
vietnam international textile and garment industry exhibition attracts more than 500 tenants

Vietnam International Textile and Garment Industry Exhibition attracts more than 500 tenants

More than 500 domestic and foreign enterprises are participating in the Vietnam International Textile and Garment Industry Exhibition (VIATT 2024) taking place from February 28 to March 1 at the Saigon Exhibition and Convention Centre in Ho Chi Minh City.
green transition creating challenges for garments and textiles smes

Green transition creating challenges for garments and textiles SMEs

Vietnam has signed 16 free trade agreements (FTAs) with the international community, creating the conditions for firms to expand into new markets and boost profitability, while also posing numerous challenges with their increasingly stringent 'green growth' requirements.
optimistic signs seen in exports of garment textile sector

Optimistic signs seen in exports of garment-textile sector

Enjoying a rise in orders, the garment and textile sector is optimistic about the completion of its target of earning 44 billion USD in export revenue set for this year.
hong kongs crystal group eyes 200 million project in nam dinh

Hong Kong's Crystal Group eyes $200 million project in Nam Dinh

Hong Kong-based Crystal Group unveils its plan to build a $200 million project for yarn, fabric, and garment production in the northern province of Nam Dinh.
textile and garment industry awaiting fresh drive in order to reverse fortunes

Textile and garment industry awaiting fresh drive in order to reverse fortunes

Despite its continued reliance on traditional markets, the garments and textiles industry in Vietnam is gaining momentum for a gradual recovery in 2024 due to the diversification of its consumer base, products, and markets.
several sectors expect to miss 2023 targets

Several sectors expect to miss 2023 targets

The Vietnamese economy saw $10.8 billion from the export of timber and wood products in the first 10 months of 2023, down nearly 20 per cent on-year.
china reigns as one of vietnams largest trading partners and investors

China reigns as one of Vietnam's largest trading partners and investors

Vietnam welcomes significant investment from China across diverse manufacturing segments, including textiles, optics, and telecommunications.
german suedwolle groups new 27 million textile plant in ninh thuan

German Suedwolle Group's new $27 million textile plant in Ninh Thuan

Thanks to its strategic location and attractive price, Du Long Industrial Park, situated in the southern province of Ninh Thuan, is attracting foreign investors looking for a prime location to establish their operations.
domestic apparel firms encouraged to go greener

Domestic apparel firms encouraged to go greener

Vietnamese textile and garment firms are being urged to green their production processes to keep up with the changes in export markets.
garments and textiles sector hoping to exploit green recovery

Garments and textiles sector hoping to exploit 'green' recovery

Many garments and textiles firms are focussing their investment on 'greening' their production processes to position themselves for the upcoming recovery period.
malaysia to recruit large number of foreign workers in three sub sectors

Malaysia to recruit large number of foreign workers in three sub-sectors

Applications for the recruitment of foreign workers for barbershops and the textile and goldsmithery sub-sectors will open on October 10, according to Malaysian Minister of Human Resources V. Sivakumar.
roadblocks remain in apparel production recycling

Roadblocks remain in apparel production recycling

The textile and apparel sector is making efforts to recycle input materials to reduce waste while preserving natural resources, although barriers persist.