Strong orders position textile industry to achieve export targets

Strong orders position textile industry to achieve export targets

The nation's textile industry is optimistic about meeting its 2024 targets.
Global trade hub could be answer for textile segments

Global trade hub could be answer for textile segments

With the leather, footwear, and textile industries mainly processing with low added value, the establishment of an international trade centre for the development of raw materials will help the industry develop sustainably.
Bangladeshi loss can be Vietnam’s gain in textiles

Bangladeshi loss can be Vietnam’s gain in textiles

Widespread political instability in Bangladesh could disrupt the global textile supply chain and accelerate diversity, including in Vietnam.
German textile maker opens thermal insulation factory in Long Thanh

German textile maker opens thermal insulation factory in Long Thanh

Freudenberg Apparel inaugurated its state-of-the-art thermal insulation factory located in Long Thanh district on July 23.
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) at the Saigon Exhibition and Convention Centre in Ho Chi Minh City.
Hong Kong's 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 factory in Nam Dinh province.
Domestic apparel firms encouraged to go greener

Domestic apparel firms encouraged to go greener

Vietnamese textile and garment producers are being urged to green their production processes to keep up with the changes in export markets.
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.
Five items with export value of over 10 billion USD

Five items with export value of over 10 billion USD

Five commodities posted an export value of more than 10 billion USD in the first seven months of this year, making up 57.6 per cent of Vietnam’s total exports.
Regina Miracle slashes workforce by 8,400 amidst falling export orders

Regina Miracle slashes workforce by 8,400 amidst falling export orders

Facing a significant downturn in export orders, Regina Miracle, a global lingerie manufacturer, has reduced its Vietnamese workforce by 8,400 employees within a year.
Japanese textile enterprises consider shrinking production in Vietnam

Japanese textile enterprises consider shrinking production in Vietnam

Facing labour cost increases and a low localisation rate, some Japanese textile companies are thinking about cutting production in Vietnam.
Vinatex has flat revenue targets for 2023

Vinatex has flat revenue targets for 2023

Due to the anticipated market downturn, Vinatex predicts flat revenue and profit of just 86 per cent in 2023 compared to 2022.
Textile groups at pains to regather momentum

Textile groups at pains to regather momentum

Orders of textile and garment exporters in the last months of the year have been falling sharply compared to production capacity, combined with fluctuating raw material prices, leaving many businesses to prepare for a bumpy year ahead.
Vietnamese textile and garment businesses facing compliance pressure

Vietnamese textile and garment businesses facing compliance pressure

Vietnam's textile and apparel manufacturers are stepping up their efforts to comply with international standards for origin traceability.
Vietnamese textile and garment producers on track with 2021's 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.
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