The Ministry of Trade on Thursday discussed a proposal to develop a centre to , store and trade raw materials for textile and leather footwear production.
The Việt Nam Trade Office in Indonesia warned Vietnamese businesses that the country may apply trade sanctions on some products, especially textiles and garments.
The 2024 Việt Nam International Trade Fair for Apparel, Textiles and Textile Technologies (VIATT) opened at the Saigon Exhibition and Convention Center (SECC) in HCM City
The inaugural Vietnam International Trade Fair for Apparel, Textiles and Textile Technologies will take place at the Saigon Exhibition and Convention Centre in HCM City from February 28 to March 1.
The Ministry of Industry and Trade, as the leading agency for FTA negotiation and enforcement, has been enhancing connections with ministries, localities, associations, and stakeholders to establish a collaborative ecosystem to help the textile industry effectively leverage FTAs.
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.
Although textile export was riding high in the first half of the year with a growth of 23 per cent, insiders are pessimistic that the rest of 2022 will match up.
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.
Despite the difficulties caused by the COVID-19 pandemic, Binh Duong Province managed to expand exports by 3.6 per cent in the first quarter of the year to US$5.8 billion.
Viet Nam’s key industries such as textiles, rubber and plastic must take measures to prepare for a shortage of raw materials as a result of the outbreak of the novel coronavirus in China, warned industry leaders and economic experts.
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.
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.