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Vitas

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.
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.
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 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.
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.
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).
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.
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. 
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.
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.
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.