FDI firms expand local textile-garment sector to maximise on CPTPP Business

FDI firms expand local textile-garment sector to maximise on CPTPP

Vietnam has become increasingly appealing to large foreign investor groups in the textile and garment industry who want to seize opportunities before the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in January next year, according to analysts.
WB forecasts Cambodia’s economy to grow 6.9 percent in 2018 ASEAN

WB forecasts Cambodia’s economy to grow 6.9 percent in 2018

Cambodia's economy is likely to expand 6.9 percent this year, a slight increase as compared with the growth rate of 6.8 percent in 2017, mainly thanks to a recovery in textiles and garment exports, tourism and agricultural sectors, the World Bank (WB) said.
Foreign brands up the ante in fashion market Business

Foreign brands up the ante in fashion market

The competitive pressure exerted on domestic fashion firms by the increasing presence of world renowned brands is unavoidable, but it could have positive impacts in the long run, experts said.
Business

Garment sector restyles production model

Vietnam's garment and textile sector is exerting efforts to renovate its production methods so it could maintain its status as one of world's largets garment producers.
Business

Vietnam to become jeans production hub

Spain’s Jeanologia and its Vietnamese partner Phong Phu International Joint Stock Company have an ambitious plan to transform Vietnam into a global market leader in the production of high-quality environmentally friendly jeans, radio The Voice of Vietnam (VOV) reported.