The event, which will gather over 380 exhibitors from 12 countries and territories around the world, will feature the latest technological advancements in fabrics, yarns and accessories.
According to Vitas, the closure of many textile and garment factories in Bangladesh may lead customers to consider shifting their orders to other countries, which could provide certain advantages for Vietnamese enterprises.
A conference held in HCM City on April 12 discussed the advantages digital transformation and adoption of innovative technological solutions confer on the textile and garment industry.
The textile and garment industry in Việt Nam wants a bilateral agreement or a free trade agreement to reduce export taxes upon entering the Canadian market.
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.
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.
According to statistics of the Vietnam Textile and Apparel Association (Vitas), the export of garment and textile products decreased by more than 19 per cent to US$8.7 billion in the first quarter of this year, a disappointing result compared to...
After being heavily impacted by the COVID-19 pandemic, textile and garment enterprises have gradually recovered and were one of the key export industries that recorded extraordinary growth rates in the first months of 2022.
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).
The textile and garment industry is forecast to have a bright prospect in 2022, but as share prices have increased sharply since 2021, many stocks may not continue to rise significantly. As a result, analysts say investors should only prioritise...
The textile and apparel industry, which managed to survive three waves of Covid-19 thanks to its decision to produce face masks and personal protective equipment, will focus on sportswear and yarn.