Garment- textile sector hits export target
The garment-textile industry enjoyed a rosy year in 2022 despite formidable challenges, as its export revenue hit the set target of 44 billion USD, up 8.8% year-on-year.
The garment-textile industry enjoyed a rosy year in 2022 despite formidable challenges, as its export revenue hit the set target of 44 billion USD, up 8.8% year-on-year.
It is expected that in 2022, textile and garment exports will reach the destination of about US$43 billion. The decline in orders is likely to persist in the first...
The decrease in orders is posing a great threat to the workload at textile and garment enterprises. Therefore, businesses are trying to keep their labor source stable.
Enterprises in the textile, garment and footwear industries are facing difficulties on a variety of fronts, including a reduction in export orders, and the plight is...
The Vietnam Textile and Apparel Association (VITAS) has set a goal of helping Vietnam's textile and garment industry be more environmentally friendly by 2030.
The Vietnam Trade Office in Australia has introduced high-quality Vietnamese garment and textile products at a recent exhibition, which was part of the International...
Textile and garment businesses are facing pressure due to weaker purchasing power caused by mounting inflation and other global uncertainties.
Enterprises in the textile, garment and footwear industries are facing a decrease in orders through the rest of this year and possibly into the next year.
The move is part of Việt Nam's efforts to embrace green transition and fulfil its ambitious COP26 commitments.
In the last four months of 2022, the textile and garment industry will have to face enormous challenges like increasing raw material costs, weakening purchasing power,...
Enterprises in the textile, garment and footwear industries are facing a decrease in orders through the rest of this year and possibly into the next year.
Experts have advised Vietnamese textile-garment and leather-footwear firms to improve the sustainability of their production for export to the European Union (EU) after...
According to Mr. Truong Van Cam, Vice President and General Secretary of the Vietnam Textile and Apparel Association (Vitas), the high inflation rate in major textile...
Despite some difficulties, Vietnam's textile and apparel sector may see improvement in 2Q23 as a result of the EVFTA.
Although the value of textile and apparel exports rose 17.8% year over year in 2Q22, this industry still has additional obstacles to overcome.
Sustainability and circularity are an inevitable path that Vietnamese textiles have to follow, according to Truong Van Cam, General Secretary of the Vietnam Textile and...
As one of the leading textile and garment export markets of Vietnam, the EU increasingly attaches importance to the development of the circular economy, minimizing the...
Although the gross margin of textile and garment businesses fell 0.3% in the second quarter of this year, it is predicted to grow in the fourth quarter.
In the second quarter of 2012, Century Synthetic Fiber Corporation (STK) reported sales of VND530 billion (up 3.9% annually) and net income of VND76.3 billion (down 0.0%...
Vietnam expects to earn 45.7 billion USD from garment-textile exports this year amid good results recorded since the beginning of this year and positive market...
Vietnam expects to earn 45.7 billion USD from garment-textile exports this year amid good results recorded since the beginning of this year and positive market...
Vietnam's textile industry is working on adapting to new requests for materials traceability from international markets.