August 10, 2022 | 15:12
Going green increasingly becomes a trend among firms in the textile and apparel sector, with more units bolstering investment into greening production.
February 08, 2022 | 10:00
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.
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.
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.
August 25, 2020 | 16:52
The Vietnam Textile and Garment Group (Vinatex) forecasts the country’s textile and garment exports will continue to decline by 14-18 percent each month for the rest of 2020 over the same period last year.
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.
March 31, 2020 | 17:00
Temporary factory closures and imminent layoffs are going to push textile and garment enterprises into deep water due to a lack of raw materials as well as mass order cancellations from European and American buyers during the ongoing global health crisis.
March 30, 2020 | 18:29
Even if COVID-19 is brought under control by May, the textile and garments industry will take a damage of $480 million, with Vinatex taking $43 million.
January 09, 2020 | 09:37
To take advantage of free trade agreements and expand exports, meeting rules of origin is crucial for the garment and textile sector, industry insiders have said.
May 17, 2019 | 15:09
The Haiphong agency has requested PetroVietnam to comply with the investigation into its deals related to PVTex and Dinh Vu polyester plant.
June 22, 2018 | 15:44
Despite good export performance and Itochu getting on board, Vinatex has not managed to reduce liabilities.
April 16, 2018 | 21:14
Owning numerous large-scale land plots may attract investors to Hanosimex for its listing on the Unlisted Public Company Market (UpCOM).
April 04, 2018 | 13:43
Foreign investors at state-owned firms are looking to increase their holdings via M&A deals to solidify their footholds in Vietnam.
February 25, 2018 | 09:29
After 2017’s significant state capital divestment deals, the Vietnamese market is expected to see some of the most anticipated sales in 2018.
February 04, 2013 | 14:50
Vietnam’s growing textile and garment sector is known as a bustling, labour-intensive producer of profitable exports - but one that still needs to heavily rely on imported raw materials.