Coolmate draws $500,000 investment from STIC Investments
June 14, 2021 | 08:17
Coolmate, a Vietnamese men's clothing brand, has recently wrapped up a $500,000 pre-A round investment from South Korea’s STIC Investments.
M&A appetite robust in textile and garment sector
April 21, 2021 | 11:33
Vietnamese textile and garment firms struggling due to the COVID-19 pandemic are becoming potential targets for mergers and acquisitions (M&A).
Global prospects abound for textiles
March 26, 2021 | 08:00
Vietnam’s textile and garment industry is being transformed to adapt to new challenges by diversifying its export and input markets, thereby lessening the dependence on certain countries.
Bright signs from textile and apparel export
March 03, 2021 | 22:13
Many textile apparel firms have posted upbeat export performance in early 2021 with signed export orders until this upcoming July and August.
Muji opens its largest store in Southeast Asia in Vietnam
November 27, 2020 | 13:56
Muji officially opened its largest store in Southeast Asia in Vietnam in the context of its success in controlling the COVID-19 epidemic and Black Friday.
Vietnamese fashion brand SIXDO officially launched 1
October 28, 2020 | 16:49
Local fashion brand SIXDO officially launched its fashion show and also opened 30 stores across the country.
Song Hong Garment yet to set aside provisions for New York & Co. receivables
August 18, 2020 | 17:46
Song Hong Garment (HSX: MSH) is running large risks by not setting aside provisions for the US partner’s debt.
Vinatex facing difficulties in past two quarters
August 08, 2020 | 13:19
Scattered orders along with a saturated market for face masks have pushed Vinatex in the deep in the last two quarters.
New York & Co's collapse a heavy hit to Song Hong Garment
July 20, 2020 | 15:27
Song Hong Garment is looking at bleaker prospects after the collapse of New York & Co, its largest overseas partner.
Vietnam’s textile and garment companies suffer from JCPenney bankruptcy
May 23, 2020 | 20:14
Once JCPenney files for bankruptcy, hundreds of textile and garment stores, including those in Vietnam, will have to cease and desist orders.
Viet Tien foresees 70 per cent drop in profit due to COVID-19
April 18, 2020 | 16:21
The COVID-19 lockdown deeply altered Viet Tien's outlook, forcing it to revise its profit plan to an estimated drop of 70 per cent this year.
Rules of origin pose questions for sectors jostling for position
March 08, 2020 | 08:00
Although the free trade agreement between the European Union and Vietnam will offer great opportunities for wood investors and exporters, its rules of origin may not provide a big boon to local textile and garment businesses.
UNIQLO, Gap, and Nike disrupted by COVID-19 epidemic
February 22, 2020 | 16:57
The lack of local supply for garment and textile producers caused by COVID-19 has raised concerns among international fashion brands like UNIQLO, Gap, and Nike.
UNIQLO dips toe in Hanoi waters
October 29, 2019 | 16:54
After announcing the opening of its first store at Parkson Saigon Tourist Plaza in Ho Chi Minh City, Uniqlo is now reqruiting staff in Hanoi.
Better production with digital help in textile and garment sector
July 09, 2019 | 14:00
Over 100 representatives from South Korean and Vietnamese textile and garment enterprises participated in the fifth KITECH – VITAS Textile and Garment Seminar.
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