Tags

Viet Nam Textile and Apparel Association

Apparel enterprises concern over business difficulties in Q2, despite rising orders in Q1

Apparel enterprises concern over business difficulties in Q2, despite rising orders in Q1

Policies on unemployment and social insurance have also d challenges in the labour market with a rise in minimum wage which raises input costs, but product prices have not increased.
Going green critical for the fashion industry to tap opportunities from trade deals

Going green critical for the fashion industry to tap opportunities from trade deals

Going green is becoming vital for Việt Nam to tap opportunities arising from the UK – Việt Nam Free Trade Agreement (UKVFTA) to expand exports to the UK, the market which is aiming to develop a more circular fashion industry.
Sustainability and circularity a neccessity for Vietnamese textiles

Sustainability and circularity a neccessity for Vietnamese textiles

The industry has shifted its focus from fast growth to sustainable growth. It is expected to grow by around 6 per cent from 2022 to 2030 and achieve circularity between 2030 to 2045.  
Textile, garment industry exports on target to hit 43b this year

Textile, garment industry exports on target to hit $43b this year

Viet Nam''s textile and garment industry is still on target to achieve its export target of US$42-43 billion this year, despite the industry facing many difficulties in the second half of this year.
Logistics optimisation boosts garment exports

Logistics optimisation boosts garment exports

Garment and textiles are considered key industries, accounting for 12-16 per cent of the country''s annual total export turnover.
Shortage of containers, high logistics costs hit textile exports

Shortage of containers, high logistics costs hit textile exports

Container and warehouse shortages and surging container shipping costs have hit the textile and garment industry hard, insiders told a seminar in HCM City.
Viet Nam hits 2021 garment export target

Viet Nam hits 2021 garment export target

Việt Nam’s textile and garment export value this year is estimated at US$39 billion, up 11.2 per cent year-on-year, according to an official from the Viet Nam Textile and Apparel Association (VITAS).
Apparel industry struggles to reach export target this year due to COVID-19

Apparel industry struggles to reach export target this year due to COVID-19

The domestic textile and garment industry is likely to not reach its goals in production and business due to the strong impacts of the COVID-19 pandemic.
Garment-textile, footwear may take long time to recover: insiders

Garment-textile, footwear may take long time to recover: insiders

Viet Nam’s garment-textile and footwear sectors have borne the brunt of COVID-19 and firms may take a long time to recover, experts said.
Corporates seek more flexibility in COVID-prevention measures

Corporates seek more flexibility in COVID-prevention measures

Business executives have called on the Government to issue “resolute but flexible” prevention measures to help them survive the COVID-19 pandemic and keep the economy afloat.
More than 30 per cent of textile, garment operations on hold due to COVID-19

More than 30 per cent of textile, garment operations on hold due to COVID-19

The proportion of closed textile and garment factories has reached 30-35 per cent due to COVID-19 pandemic so far.
Garment-textile exports hit US15.2 billion in five months: VITAS

Garment-textile exports hit US$15.2 billion in five months: VITAS

Export revenue of the garment and textile sector surged 21.2 per cent year on year in the first five months of 2021 to about $15.2 billion.
Fabric production an issue for textile industry

Fabric production an issue for textile industry

The report found that the domestic textile and garment industry lacks sufficient domestic supply of materials.
Garment exports forecast to plummet due to lack of orders

Garment exports forecast to plummet due to lack of orders

Truong Van Cam, deputy chairman of Vitas, said these figures were anticipated to fall much further in May and June due to the majority of export orders being cancelled or delayed.
High logistics costs reduce competitiveness of Vietnamese goods

High logistics costs reduce competitiveness of Vietnamese goods

Inflated logistics costs are hampering the competitiveness of Vietnamese goods.