Binh Duong prioritises local supporting industry Business

Binh Duong prioritises local supporting industry

The southern province of Binh Duong is facilitating the development of supporting industries in order to meet local production needs and reduce reliance on imports, according to the provincial Department of Industry and Trade.
Fourth denims & jeans show opens in HCM City Business

Fourth denims & jeans show opens in HCM City

The Denimsandjeans.com Vietnam Show returned to Ho Chi Minh City in its 4th edition on June 12, with over 40 garment and textile firms and visitors from 10 countries and territories like China, Japan, the US, the EU and Singapore taking part in.
Indian garment firms seek opportunities in HCM City Business

Indian garment firms seek opportunities in HCM City

A delegation of business executives representing 30 Indian companies led by the chairman of the Indian Silk Export Promotion Council met their Vietnamese counterparts at the Buyer-Seller meet held in Ho Chi Minh City on May 21.
Businesses advised to take better advantage of FTA benefits Business

Businesses advised to take better advantage of FTA benefits

Vietnam’s joining of free trade agreements (FTAs) is quite suitable in the context of trade globalization. However, to promote the efficiency of boosting exports, a concerted policy system is needed to help businesses successfully take advantage of benefits brought by the FTAs, according to insiders.
Garment and textile sector to face huge challenge Business

Garment and textile sector to face huge challenge

The garment and textile sector was forecast to suffer the most from goods origin regulations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), said Bui Kim Thuy, the country representative for Vietnam at the US-ASEAN Business Council.
Vietnam’s textile and garment industry faces tough seas in 2019 Business

Vietnam’s textile and garment industry faces tough seas in 2019

2019 will be a challenging year for Vietnam’s textile and garment industry as it needs to obtain major breakthroughs to take on new roles in the global value chain, including shifting from simple processing - Cut, Make and Trim (CMT) - to purchasing materials, free on board (FOB), original design manufacturer (ODM) and original brand manufacturer (OBM) modes.
Garment-textile sector regains confidence of foreign investors Business

Garment-textile sector regains confidence of foreign investors

Vietnam has been considered an attractive destination for investors who are keen on the garment and textile sector, thanks to benefits brought about by the bilateral and multilateral free trade agreements (FTAs) that the country has signed and is about to sign.