ascend launches high purity acrylonitrile production to meet growing demand

Ascend Launches High-Purity Acrylonitrile Production to Meet Growing Demand

The chemical giant ramps up manufacturing of critical material used in automotive and textile sectors.
garment giants post robust q1 profits despite global trade headwinds

Garment giants post robust Q1 profits despite global trade headwinds

Vietnamese textile apparel producers saw impressive profit growth in the first quarter (Q1) of 2025, signaling a strong recovery in the sector.
agriculture sector sees robust growth in q1

Agriculture sector sees robust growth in Q1

Agricultural businesses have emerged as a bright spot, showing impressive growth despite a market environment still fraught with challenges in Q1.
vietnam poised to lead in circular textiles with syre

Vietnam poised to lead in circular textiles with Syre

Swedish firm Syre is setting its sights on Vietnam, aiming to establish the world’s first high-tech circular textile hub in the country.
hm subsidiary syre signs mou with binh dinh to establish textile recycling plant

H&M subsidiary Syre signs MoU with Binh Dinh to establish textile recycling plant

Syre, a subsidiary of Sweden-based fashion retailer H&M, announced an MoU on April 25 with Binh Dinh province to establish Syre’s first Gigascale recycling plant.
garment and textile sector to strengthen domestic supply chains amid trade turbulence

Garment and textile sector to strengthen domestic supply chains amid trade turbulence

Growing pressure from US tariff policies has cast a spotlight on the urgent need for Vietnam’s garment and textile industry to enhance self-sufficiency in raw materials, as profit margins across the sector come under increasing strain.
vietnam voices concern over new us textile tariff

Vietnam voices concern over new US textile tariff

Vietnam’s garment and textile industry enterprises are voicing growing concern over a newly announced 46 per cent US tariff, stressing that the industry plays a complementary–not competitive–role in the US market.
finlands lindstr m opens first textile service centre in vietnam

Finland's Lindström opens first textile service centre in Vietnam

Lindström, a family-owned textile service company with more than 170 years of history in Finland, marked the beginning of its journey in Vietnam by opening of a new service centre in Dong Nai province on March 20.
textile and garment sector sees export growth

Textile and garment sector sees export growth

The domestic textiles and garment industry is witnessing a surge in export orders in 2025, driven by a positive economic outlook and competitive advantages, positioning the country as a key player in the global market.
syre group eyes 1 billion investment in binh dinh textiles facility

Syre Group eyes $1 billion investment in Binh Dinh textiles facility

Syre Group, a subsidiary of H&M, plans to build a high-tech fabric production complex in Nhon Hoi Economic Zone, Binh Dinh province with a capacity of 250,000 tonnes per year and a total investment of up to $1 billion.
vietnam emerges as top tourism hot hotspot

Vietnam emerges as top tourism hot hotspot

Global searches for Vietnamese accommodation have jumped 15-30 per cent from late November 2024 to January this year compared to 2023. The momentum continued into early February 2025, with searches climbing 30-45 per cent.
viatt 2025 promises innovation and insight from the textile industry

VIATT 2025 promises innovation and insight from the textile industry

Ho Chi Minh City will once again be the focal point of the garment and textile industry as the second edition of the Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) takes place at the Saigon Exhibition and Convention Centre from February 26-28.
india vietnam relations soar higher

India-Vietnam relations soar higher

In December, the Indian Embassy to Vietnam organised an economic cooperation event on bilateral trade and investment. It assessed economic, trade, and business trends and sectoral opportunities in chemicals, pharmaceuticals, agriculture, garment and textiles, power generation, banking, and much more.
vietnam continues to shine in global apparel trade

Vietnam continues to shine in global apparel trade

By leveraging last year's robust recovery, Vietnam's garment and textiles sector is poised for significant growth in 2025, driven by shifting global demand, green production practices, and technological advancements.
export businesses upbeat about 2025

Export businesses upbeat about 2025

Many firms have secured export orders for 2025, adding vibrancy to production as the year comes to a close. However, challenges ahead remain a concern.