VOV.VN - A US$50 million garment plant invested by Hong Kong TAL Group has officially been operational in northern Vinh Phuc province.
Authorities of Ho Chi Minh City and Moscow are working together to establish a light industry park for Vietnamese enterprises in the Russian capital.
The total revenue from retail trade and services topped US$118.4 billion during the first nine months of this year, surging 9.5 percent year-on-year, according to the General Statistics Office (GSO).
Vietnam enjoyed a trade surplus of US$2.45 billion in the first eight months of this year, a report from General Statistics Office (GSO) has revealed.
VOV.VN - The country’s exports in August are estimated at US$15.2 billion, up 2% against the previous month, according to the General Statistics Office of Vietnam (GSO).
A delegation from the National Chamber of Textile, Industry of Mexico (Canaintex) will make a trip to Vietnam from August 27-28 to explore the garment-textile sector.
The textile and garment industry development planning to 2020 with a vision towards 2030 has set to earn an export value of US$20 billion by 2020, which is seen as a setback when it already achieved the value of US$27.5 billion in 2015 and expects US$31 billion this year.
Trade value between Vietnam and the European Union (EU) in the first half of this year has gained a year-on-year growth of 9.05% to US$21.2 billion.
Construction kicked off on the Dung Quat Industrial Town project in the central province of Quang Ngai on August 10.
VOV.VN - A recently published US International Trade Commission study found that US clothing imports and exports would increase modestly under the proposed new 12-nation Trans-Pacific Partnership (TPP) free-trade region.
The Trans-Pacific Partnership (TPP) is expected to continue the shift of investment flows into industries of high pollution risk in Vietnam like textile-dying, paper, iron and steel.
Indian leather and footwear businesses have only recently discovered Vietnam is a huge market while their Vietnamese counterparts import massive quantities of leather but little from India.
The Ministry of Industry and Trade has been urged to retract a directive, which experts say creates unnecessary obstacles for textile and garment manufacturers.
The Ministry of Industry and Trade (MoIT) has proposed the development of large textile and garment industrial zones (IZs) to attract investment in dyeing, and fabric and yarn production.
VOV.VN - Nam Dinh textile factory was built by the French in the northern province of Nam Dinh in 1899. It has been relocated for the construction of an urban area.
VOV.VN - The country’s imports-exports in June are estimated at US$29.7 billion, of which exports are US$14.8 billion and imports are US$14.9 billion, according to the General Department of Vietnam Customs.
All enterprises should have equal access to city resources, regardless of size, type or industry, the deputy chairman of HCM City’s People’s Committee said.
VOV.VN -While the country has enjoyed a dominant position in shoes, apparel and household textiles manufacturing for several years, makers of these items report they are now seeing signs of an economic slowdown.
The country’s “one-billion USD” club, which comprises exports with turnover of more than US$1 billion, has been expanded after admitting an additional 12 exports as its members in the first five months of the year.
More than US$400 million in foreign direct investment (FDI) have been pumped into the garment-textile sector in the southern province of Binh Duong after the signing of the Trans-Pacific Partnership (TPP) Agreement, excluding billions of US dollar of 460 current active projects.