Garment 10 Corporation (Garco 10) has set a goal of increasing by 7.4 per cent its revenue in 2025 to reach more than VNĐ5.05 trillion (US$198.4 million).
Việt Nam’s garment and textiles export is projected to hit nearly US$44 billion this year, positioning the country as the world’s second biggest exporter, only behind India, said General Director of the Vietnam National Textile and Garment Group (Vinatex) Cao...
Việt Nam’s garment-textile export value is expected to reach US$44 billion in 2024, marking an 11.26 per cent increase from 2023, according to the Việt Nam Textile and Apparel Association (VITAS).
Việt Nam’s garment and textile industry needs to develop a closed-loop supply chain with a focus on obtaining self – sufficiency in raw materials in order to meet the rules of origin under the UK – Việt Nam Free Trade...
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.
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.
The Vietnamese garment and textile sector is carrying out various measures to bolster production and business activities amidst formidable challenges posed by falling demand, high inventory, and geopolitical instability in several countries.
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.
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...
The country’s garment and textile exports have seen recovery with turnover of US$7.2 billion in the first quarter of the year, slightly increasing 1.1 per cent from the same period last year.