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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.
Footwear and textile set for strong bounce back

Footwear and textile set for strong bounce back

A diversified supply chain and numerous free trade agreements (FTAs) have set up the stage for a strong come back for Viet Nam''s textile sector, said experts and industry leaders. 
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.
Shares retreat despite CPTPP launch

Shares retreat despite CPTPP launch

The CPTPP coming into effect on Monday pushed up many stocks in the textile sector but failed to help the market recover.
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.
Quang Nam garners textile investments

Quang Nam garners textile investments

The central province of Quang Nam is welcoming an inflow of investment capital into the garment and textile sector.
Steel producers see sluggish sales due to economic woes

Steel producers see sluggish sales due to economic woes

The domestic steel market has continued to be quiet as consumption is at a low level, said the Ministry of Industry and Trade.
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.
Index rise ignites industrial hope

Index rise ignites industrial hope

The country''s index of industrial production (IIP) saw a year-on-year increase of 5.4 per cent in the first nine months of the year, signalling a promising sign in the economic slowdown.