Robust mechanisms required to conquer Russian textile market

Robust mechanisms required to conquer Russian textile market

With many advantages and an existing free trade agreement, Vietnam’s textile and garment exports to the $13-billion Russian market have big room for development, which could be further boosted by establishing joint ventures in the two nations.
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.
Vietnam impervious to potential US cotton ban

Vietnam impervious to potential US cotton ban

Plans by the United States to ban Chinese cotton is unlikely to affect Vietnam’s garment and textile industry as a large portion of the materials the Southeast Asian nation imports come from the US.
VNPOLY becomes fibre provider for adidas and Target

VNPOLY becomes fibre provider for adidas and Target

Just two years after resuming operations, VNPOLY has become the main fibre provider of two famous brands adidas and Target.
Trade turnover of garment and textile plunges in first four months

Trade turnover of garment and textile plunges in first four months

The garment and textile sector in the first four months reported decreases of 6.6 per cent in export turnover and 9 per cent in material import turnover.
Rules of origin trip up garment and textile opportunities from EVFTA

Rules of origin trip up garment and textile opportunities from EVFTA

Garment and textile firms are aware of the opportunities from the EVFTA but face difficulties in complying with the rules of origin.
Local trend of sustainable development may threat H&M and Zara

Local trend of sustainable development may threat H&M and Zara

Despite being the second-largest polluters in the world, fast-fashion brands are growing at a tremendous pace in Vietnam.
Japanese textile and apparel makers sets solid foothold in Vietnam

Japanese textile and apparel makers sets solid foothold in Vietnam

A number of Japanese textile and apparel makers plan to expand operations in Vietnam due to labour costs and the impact of the US-China trade war.