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Vietnam Textile

Garment exports expected at more than 45 billion in 2023: association

Garment exports expected at more than $45 billion in 2023: association

An important factor underpinning the growth of the textile and garment industry is the growth of the domestic supply of raw materials, which increases year over year.
Textiles: go green or go home

Textiles: go green or go home

The move is part of Viet Nam''s efforts to embrace green transition and fulfil its ambitious COP26 commitments. 
Textile firms call for favourable policies amid pessimistic prospects

Textile firms call for favourable policies amid pessimistic prospects

Having a pessimistic outlook for the second half of 2022, textile firms are calling for favourable governmental policies to turn their situation around.
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.
Tight material supply impedes textile exports

Tight material supply impedes textile exports

Although the demand for Vietnamese textiles is forecast to rise steadily in the short term, firms are concerned that tight material supply will impede their export plans.
HCM City firms forced to close down due to lack of workers

HCM City firms forced to close down due to lack of workers

Many firms in HCM City - the country''s largest economic hub - have been forced to shutter operations due to a lack of workers, local media reported. 
Local garment industry looking towards sustainable development

Local garment industry looking towards sustainable development

The Vietnam Textile and Apparel Association will promote the sector’s sustainable development along with raising the living standards of its employees under the UN’s Sustainable Development Goals.
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.
Viet Nams garment-textile expects boom in 2020

Viet Nam's garment-textile expects boom in 2020

Viet Nam’s garment-textile sector is expected to make breakthroughs in 2020 thanks to the Fourth Industrial Revolution.
Textile and garments likely to hit 40b in exports this year

Textile and garments likely to hit $40b in exports this year

Việt Nam’s textile and garment industry was likely reach its target of US$40 billion in export turnover this year despite facing difficulties in some markets.
Viet Nams textile export value up almost 9% in eight months

Viet Nam’s textile export value up almost 9% in eight months

The total export value of textiles, fiber, and cloth reached US$25.7 billion in the first 8 months of the year, up 8.6 per cent year on year, including 60.6 per cent from foreign direct investment (FDI) enterprises.
Trade deals bring more foreign investment but also challenges

Trade deals bring more foreign investment but also challenges

With its series of recent free trade agreements, Viet Nam is becoming very attractive to foreign businesses, especially in the textile and garment sector.
Safety initiative in apparel, footwear factories

Safety initiative in apparel, footwear factories

The Vietnam Textile and Apparel Association (VITAS) in co-operation with IDH – a Dutch sustainable trade initiative – kick-started the Life and Building Safety Initiative (LABS).
Viet Nam spent 11.4 billion on material imports in first half of year

Viet Nam spent $11.4 billion on material imports in first half of year

The country’s garment and textile sector earned $18 billion from exports, an 8.61 per cent year-on-year increase.
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.