Textiles and garments must satisfy importer needs
March 15, 2023 | 09:00
Vietnam’s textile and garment sector is developing new competitive advantages to preserve its position as the world’s third-largest exporter. Van Nguyen spoke with Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association, on the subject.
Hill still to climb for industrial production targets to be met
March 14, 2023 | 09:59
Vietnam’s industrial production is faced with high problems caused by a rise in costs and material shortages, which are undermining the country’s economic outlook.
Textiles and footwear industries face challenges
February 20, 2023 | 14:00
Vietnamese textile and footwear businesses that participate in the supply chain are facing a slew of new possibilities and difficulties.
Garment and footwear exports hit new peak at $71 billion
January 18, 2023 | 11:17
Despite orders in the last quarter dropping sharply, garment and footwear production reported its highest figures of $71 billion in export turnover in 2022.
Exporters urged to proactively deal with drop in orders
December 26, 2022 | 16:34
A new HSBC report has underlined the choppy waters ahead for Vietnamese exports, encouraging industries in the country to plan ahead.
Choosing the optimal time for greener investment
December 01, 2022 | 17:00
In the context of a drop in textile and apparel orders, the purchasing power of the industry has diminished as a result of the economic recession and inflation. Truong Van Cam, general secretary and vice chairman of the Vietnam Textile and Apparel Association, explained to VIR’s The Hai why now is the time for textile producers to explore restructuring and investing in their facilities under a greener model.
Textile enterprises face difficulties in 2023
November 18, 2022 | 06:59
The economic downturn and high inflation in many major export markets exerts difficulties on Vietnam’s textile exporters for 2023.
Textile and garment groups feeling global squeeze
September 01, 2022 | 10:00
A lack of orders is throwing a wrench into the works of textile and footwear enterprises that are already struggling with increasingly higher production costs than the competition in other markets.
Small textile groups left behind as big brands take on recycling
July 17, 2022 | 10:00
Some of Vietnam’s biggest textile groups are picking up on the worldwide trend of utilising recycled materials, with several largest global brands increasingly switching to greener methods.
Textile groups in demand slump
July 17, 2022 | 09:00
The challenge for Vietnam’s textile and garment exporters remains the high price of input materials, coupled with inflation that is reducing general shopping demand.
Brightened prospects for garment and textile industry
January 13, 2022 | 17:15
Thanks to the flexible policies of the government on pandemic prevention and international integration, garment and textile exporters have been overcoming the woes of 2021 and achieved their yearly targets.
Vinatex pre-tax profit doubles on-year from buoyant yarn business
December 27, 2021 | 08:23
The rosy yarn business has contributed over 50 per cent to Vinatex’s total pretax profit of VND1.2 trillion ($52.17 million) in 2021, twice as much as in 2020.
Production aids business confidence
November 18, 2021 | 14:11
With export companies recovering well following the lifting of COVID-19 restrictions and workers returning, numerous businesses are hoping for support in order to invest in new technology to enhance productivity.
Nike and Adidas maintain supply chain operations in Vietnam
November 17, 2021 | 13:23
Rumours that Nike and Adidas would move production out of Vietnam in August and September were rebutted by VITAS as the brands do not own plants in the country.
Vietnamese textile and garment producers on track with 2021's goal
November 15, 2021 | 20:29
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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