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Viet Nam National Textile and Garment Group

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.
Garment, footwear industries struggle during pandemic

Garment, footwear industries struggle during pandemic

Textile, garment and footwear industries are still facing many difficulties due the COVID-19 pandemic, and unable to recover production and business in the short term.
Vietnamese textile industry sees huge export opportunities in yarn, sportswear

Vietnamese textile industry sees huge export opportunities in yarn, sportswear

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.
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.
Textile and garment groups earnings plummet

Textile and garment group's earnings plummet

Profit is forecast to by half to VNĐ381.6 billion from 2019''s number of VNĐ765.5 billion.
Textile, footwear companies confident to cope with new COVID-19 wave

Textile, footwear companies confident to cope with new COVID-19 wave

Armed with experience from coping with the first wave of the Covid-19 outbreak, textile and footwear enterprises are quietly confident they can find new markets to cope with the second.
Vinatex predicts 50% drop in profit before tax this year

Vinatex predicts 50% drop in profit before tax this year

Viet Nam National Textile and Garment Group (Vinatex), stock code VGT, predicts its consolidated profit before tax this year to reduce by a half to VND382 billion (US$16.5 million) year on year due to negative impacts from the COVID-19 pandemic.
Local enterprises look for new markets to get back on track

Local enterprises look for new markets to get back on track

The COVID-19 pandemic greatly impacted global and national production chains, forcing domestic enterprises to find new markets and develop new products.
Viet Nams garment exports down in two months

Viet Nam’s garment exports down in two months

Viet Nam saw a year on year reduction of 3.5 per cent in garment exports of the first two months this year to US$5.3 billion due to the impact of the novel coronavirus (COVID-19) outbreak.
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.
Prominent Vietnamese garment-makers showcase goods at Hong Kong fair

Prominent Vietnamese garment-makers showcase goods at Hong Kong fair

More than 35 leading Vietnamese manufacturers of garments, textiles and fashion accessories as well as garment-related industries are showcasing their goods at Hong Kong’s biggest fashion show that opened on Sunday. 
VNs textile industry strives to find new markets

VN’s textile industry strives to find new markets

Viet Nam’s textile and garment industry is striving to achieve export turnover of more than US$40 billion in 2019, a year-on-year increase of 14-15 per cent.
Canada will be potential market for Vietnams export garments

Canada will be potential market for Vietnam's export garments

Canada will be a potential market for Viet Nam’s export garment products when the Comprehensive Partnership and Trans-Pacific Partnership takes effect in early 2019, according to Vinatex.
Textile, garment industry expo opens in Ha Noi

Textile, garment industry expo opens in Ha Noi

The Ha Noi Textile & Garment Industry – Fabric & Garment Accessories (Hanoitex 2018) opened on Wednesday in Ha Noi.
Vinatex completes 65% of yearly revenue target

Vinatex completes 65% of yearly revenue target

Viet Nam National Textile and Garment Group (Vinatex) has completed 65 per cent of the yearly target set for total revenues with its eight-month result (excluding VAT) reaching over VND31.45 trillion (US$1.34 billion).