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(Vinatex)

Việt Nam becomes second biggest garment exporter globally

Việt Nam becomes second biggest garment exporter globally

Việt Nam’s garment and textiles export is projected to hit nearly US$44 billion this year, positioning the country as the world’s second biggest exporter, only behind India, said General Director of the Vietnam National Textile and Garment Group (Vinatex) Cao...
Vinatex to export fire-resistant fabrics in the final months of 2024

Vinatex to export fire-resistant fabrics in the final months of 2024

This move is a new step in production, escaping the increasingly competitive conventional textile and garment production sector, and expanding opportunities from niche markets.
Vinatex PDB inaugurated to provide comprehensive green fashion solutions

Vinatex PD&B inaugurated to provide comprehensive green fashion solutions

Vinatex PD&B will handle the design and product development phases within the supply chain, which traditionally held the highest value and were managed by buyers.
Textile, garment sector expects better performance in Q4

Textile, garment sector expects better performance in Q4

Việt Nam''s textile and garment industry expects to have a better performance in production and business in the fourth quarter.
Experts spell out what textile industry needs to do to recover

Experts spell out what textile industry needs to do to recover

The textile industry has to proactively combat the challenges it faces such as low demand, a slowing economy, inflation, and low prices, experts have said.
Efforts to help labour-intensive industries retain employees

Efforts to help labour-intensive industries retain employees

The entire global market is facing difficulties due to decreasing demands induced by a recession, according to Le Tien Truong, chairman of Vietnam National Textile and Garment Group (Vinatex).
Garment sectors local procurement rate up but challenges ahead

Garment sector's local procurement rate up but challenges ahead

Vinatex’s report also revealed that the export revenue between January and August was worth US$30.2 billion, a rise of nearly 20 per cent over the same period last year.
Textile firms see mixed performance in Q2

Textile firms see mixed performance in Q2

In contrast to a sector-wide pickup in the first quarter of 2022, textile firms had a mixed performance in the second quarter.
Vinatex sees strong revenue growth

Vinatex sees strong revenue growth

The Vietnam National Textile and Garment Group (Vinatex) enjoyed a year-in-year surge of 144.2 per cent in revenue to over VND5.15 trillion (US$224.26 million) in the first quarter of 2022, completing 28.5 per cent of its target for the whole...
What lies ahead for clothing retailers?

What lies ahead for clothing retailers?

Analysts said demand for clothes has fallen sharply all over the world this year due to the pandemic and Viet Nam is no exception.
Fiber export turnover reaches record 5.6 billion in 2021

Fiber export turnover reaches record $5.6 billion in 2021

Viet Nam’s export turnover of fiber of all types reached a record high of US$5.6 billion in 2021, despite the severe impact of the COVID-19 pandemic.
Domestic garment and textile industry sees positive signs

Domestic garment and textile industry sees positive signs

The country’s garment and textile exports have seen recovery with turnover of US$7.2 billion in the first quarter of the year, slightly increasing 1.1 per cent from the same period last year.
Enterprises change to deal with the prolonged pandemic

Enterprises change to deal with the prolonged pandemic

As the COVID-19 pandemic continues to disrupt global activities, some industries and businesses have applied technology and new working practice to limit its influence.
Garment export revenue up to 2.6b in Jan

Garment export revenue up to $2.6b in Jan

Exports of textiles and garments in January 2021 were estimated at US$2.6 billion, up 3.3 per cent year-on-year, according to the Ministry of Industry and Trade.
Degree of change to accompany recovery

Degree of change to accompany recovery

Chairman of the Viet Nam Textile and Garment Group (Vinatex), Le Tien Truong, tells our special issue about it overcoming unparalleled obstacles in 2020 and what this year may hold.