Impact of new-generation FTAs on textile industry discussed Business

Impact of new-generation FTAs on textile industry discussed

Vietnamese textiles firms were updated on the potential prospects, advantages, and barriers that are to brought about by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the European Union-Vietnam Free Trade Agreement (EVFTA) at a workshop in Hanoi on July 18.
Vietnam among top five global textile exporters Business

Vietnam among top five global textile exporters

Vietnam has made it onto the list of the world’s five biggest textile exporters and producers, with textile and garment export turnover hitting 16 billion USD in the first half of 2018, up more than 14 percent year-on-year.
Prime Minister urges Vinatex reform Business

Prime Minister urges Vinatex reform

Prime Minister Nguyen Xuan Phuc has urged the Vietnam National Textile and Garment Group (Vinatex) to undertake comprehensive reform to develop its production and business.
Garment exports grow despite hurdles Business

Garment exports grow despite hurdles

The domestic garment industry has faced many challenges in exporting to key markets, such as the European Union (EU) and the United States, but it still has a chance of achieving its export target this year, according to experts.
Large textile production zones proposed Business

Large textile production zones proposed

The Ministry of Industry and Trade (MoIT) has proposed the development of large textile and garment industrial zones (IZs) to attract investment in dyeing, and fabric and yarn production.
Fibre plant provides key textile inputs Business

Fibre plant provides key textile inputs

The Dinh Vu Polyester Fibre Plant exported nearly 5,500 tonnes of products to the European market in its first three months of operation, according to the Ministry of Industry and Trade.
Garment enterprises strive to take advantages of GSP Business

Garment enterprises strive to take advantages of GSP

Being aware that it is not easy to take advantage of the Generalised System of Preferences (GSP) mainly due to the certificates of origin of input materials, Vietnamese textile and garment enterprises are trying to take every available opportunity to increase their market shares. A report by the Ministry of Industry and Trade's Vietnam Economic News.
Business

Apparel group seeks more capital in anticipation of TPP

To take full advantage of the benefits from the Trans-Pacific Partnership Agreement (TPP) to raise more capital for material production projects, the Vietnam National Textile and Garment Group (Vinatex) has appealed to the Government to allow enterprises to keep the money obtained from selling the State stakes for five years after equitisation. An insight by the online Vietnam Economic News of the Ministry of Industry and Trade.
Business

Vietnam expects higher export of major products

After significant export growth of 33.3 percent in 2011, Vietnam expects this year to attain further growth for its major products, including textiles and garments, leather and footwear, wood products and seafood.