Vietnamplus

The Vietnam National Textile and Garment Group (Vinatex) is exerting efforts to produce around 6 million antibacterial face masks in February to meet increasing demand amid the novel coronavirus disease (COVID-19) outbreak.

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.

Vietnam National Textile and Garment Group (Vinatex) will invest in solar power in plants with natural conditions, striving for 10% of electricity used from renewable energy sources.

A number of Vietnamese firms have attended the 8th World Water Technology and Environment Control Conference and Exhibition (WATEC Israel 2019) in Tel Aviv, Israel.

Vietnam’s textile and garment industry was likely to reach its target of 40 billion USD in export turnover this year despite facing difficulties in some markets.

Despite a number of difficulties in the export market, the target of 40 billion USD set from the beginning of the year has gradually become a reality.

The Vietnam International Fashion & Beauty Festival (VIFBF) 2019 will be held in Hanoi from December 11 to 15 with the participation of leading groups in the field.

The Vietnam Textile and Garment Group (Vinatex) has projected its export turnover to reach 2.89 billion USD in 2019, up 1 percent from last year and meeting 97.6 percent of the yearly target.

The Vietnam Textile and Apparel Association (VITAS) said the total export value of textiles, fiber, and cloth reached 25.7 billion USD in the first eight months of the year, up 8.6 percent year on year, including 60.6 percent from foreign direct investment (FDI) enterprises.

According to Vietnam Textile and Garment Group (Vinatex), rules of origin under the EU-Vietnam Free Trade Agreement (EVFTA) seem more comfortable than those regulated in the CPTPP.

General Director of the Vietnam National Textile and Garment Group (Vinatex) Le Tien Truong has said Vinatex will promote trade in Canada to tap opportunities brought by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

A delegation of Vietnamese businesses has visited Canada to promote textile and garment exports to the North American nation under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

The Vietnam National Garment and Textile Group (Vinatex) eyed a 12 percent increase in profit this year despite various challenges arising from the US-China trade war, Vinatex General Director Le Tien Truong said.

The Garment 10 Corporation and a number of member enterprises of the Vietnam Textile and Garment Group (Vinatex) will visit Canada to seek opportunities to export garment and textile products to the market.

Saigon Tex & Saigon Fabric 2019 kicked off in Ho Chi Minh City on April 10.

The Vietnam Textile and Apparel Association (Vinatex) has reported that total export earnings of the garment and textile sector in the first quarter reached nearly 8.7 billion USD, up 11.31 percent over the same period last year.

Hanoi (VNA) – As one of the world’s largest apparel producers and exporters, Vietnam has seen considerable strides in its textile and garment industry.

Enterprises in the garment and fishery sectors have set development plans to take full advantage of free trade agreements such as the CPTPP and EVFTA.

The Dong Nam Textile JSC, a subsidiary of the Vietnam National Textile and Garment Group (Vinatex), began construction of the first yarn factory in the southwestern region in Bac Lieu province on January 23.

The Vietnam National Textile and Garment Group (Vinatex), the largest textile maker in the country, expects its export turnover to rise up to 8 percent in 2019, the group said at a press conference on December 27.