Tags: le tien truong

Textile-garment exports to continue declining

Textile-garment exports to continue declining

The Vietnam Textile and Garment Group (Vinatex) forecasts the country’s textile and garment exports will continue to decline by 14-18% each month for the rest of 2020 over the same period last year.

Maintaining production – a uphill task for garment sector

Maintaining production – a uphill task for garment sector

VOV.VN - The garment sector is struggling to maintain production in the second half of the year as its export market is forecast to shrink by at least 30-40%, according to Le Tien Truong, General Director of the Vietnam National Textile and Garment Group (Vinatex).

Garment sector eyes US$34b exports

Garment sector eyes US$34b exports

Vietnam’s textile and garment industry targets a year-on-year increase of 10% in export value, to US$34 billion, in 2018.

Vietnam sees bright future for apparel exports to APEC

Vietnam sees bright future for apparel exports to APEC

VOV.VN - Major countries, which are member economies of the Asia-Pacific Economic Cooperation (APEC), have become key markets for Vietnam’s garment and textile products, and are forecast to making up between 74%-75% of the country’s total apparel export turnover in the near future.

Workers face daunting Industry 4.0 challenge

Workers face daunting Industry 4.0 challenge

State-owned enterprises and local businesses should pay due attention to training workers for the fourth industrial revolution (Industry 4.0) so that they are not rendered redundant, experts say.

Textile sector growth surges

Textile sector growth surges

The textile and garment sector enters the second quarter (Q2) of this year with promising signs from new import markets, said General Director of the Vietnam Textile and Garment Group (Vinatex) Le Tien Truong.

Textile exports to hit US$28.5b

Textile exports to hit US$28.5b

Vietnam’s textile and garment exports this year are estimated to reach US$28.5 billion, meeting roughly 92% of the set plan due to market difficulties, the Vietnam Textile and Apparel Association (Vitas) reports.

Vietnam probes for new clothing export markets

Vietnam probes for new clothing export markets

VOV.VN - Domestic clothiers, leather and shoemakers have actively begun to seek new markets on the back of sagging shipments to the EU and US economies, says the Vietnam Textile and Apparel Association (VITAS).

Garments and textiles sector prepares for integration

Garments and textiles sector prepares for integration

(VOV) - Vietnam is about to sign some important trade deals including the Trans Pacific Partnership, the EU-Vietnam Trade Agreement, the Vietnam-Korea Free Trade Agreement, and has already signed an economic agreement with the Eurasian Economic Union.

Garment and textile export likely to hit US$24.5 billion

Garment and textile export likely to hit US$24.5 billion

Vietnam’s garment and textile export turnover is likely to hit US$24.5 million this year, a year-on-year rise of 19% - the largest increase in the past three years, according to Le Tien Truong, General Director of the Vietnam National Textile and Garment Group (Vinatex).