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garment and textile sector

FDI flow into garment and textile sector bounces back

FDI flow into garment and textile sector bounces back

The flow of foreign direct investment (FDI) into the Vietnamese garment and textile sector has rebounded thanks to the country’s sound investment climate and abundant workforce as well as its open economy, according to insiders.
Complying with origin rules critical for garment exports

Complying with origin rules critical for garment exports

Lower-than-expected export revenue last year showed the industry was facing problems in participating more deeply in the global value chain and expanding exports to niche markets.
VN poised to become manufacturer of established global brands

VN poised to become manufacturer of established global brands

Viet Nam’s garment and textile sector is set to expand its market share globally, taking advantage of free trade agreements (FTAs) to become “a manufacturer of the world’s established brands”.
Garment and textile sector expect huge challenge

Garment and textile sector expect 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 Viet Nam at the US-ASEAN Business Council.
Vietnams cotton imports surpass 2 billion from Jan-Aug

Vietnam’s cotton imports surpass $2 billion from Jan-Aug

Viet Nam spent more than US$2 billion on importing cotton in the first eight months of 2018 – the biggest amount ever spent by the garment and textile sector.
Firms to seek local suppliers

Firms to seek local suppliers

Vietnamese garment and textile firms are increasing their investments in locally made raw materials in an effort to satisfy strict rules of origin set by free trade agreements of which Viet Nam is a member.
Looming FTAs drive cotton rush

Looming FTAs drive cotton rush

Several domestic and foreign-invested cotton projects are rushing to begin operating in anticipation of competing across borders after Free Trade Agreements (FTAs) go into affect.
Garment, textile sector seeks out new suppliers

Garment, textile sector seeks out new suppliers

Garment and textile companies have been actively seeking material suppliers to reduce dependence on imports from China, due to complicated changes in the market.
Exports could top 133b by year end

Exports could top $133b by year end

Viet Nam could earn US$133.5 billion from exports this year, posting a 16.6 per cent rise year-on-year as it met 96 per cent of the 2013 target in the first 11 months.