VOV.VN - With both the European Union-Vietnam Free Trade Agreement (EVFTA) and the European Union-Vietnam Investment Protection Agreement (EVIPA) being adopted by the Vietnam National Assembly, many local firms have pinned their hopes on capitalising on the opportunity to expand into a new export market and develop production.
VOV.VN - The newly-signed EU - Vietnam Free Trade Agreement is expected to give an added impetus for Vietnamese apparel exports to the trading block, insiders have claimed.
Việt Nam’s textile and garment industry is striving to achieve export turnover of more than US$40 billion in 2019, a year-on-year increase of 14-15 per cent.
Textile companies have rejected the proposal to raise employees’ retirement ages, saying most women workers suffer from huge workloads.
Vietnamese textiles firms were updated on the potential prospects, advantages, and barriers that are to brought about by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the European Union-Vietnam Free Trade Agreement (EVFTA) at a workshop in Hanoi on July 18.
The textile and apparel industry was defined as a field with one of the highest growth rates over the next 12 years.
Leading Taiwanese apparel maker Eclat Fabrics has requested permission to increase dyeing production capacity in its Ba Ria-Vung Tau factory from 10% of the factory’s output to 100 per cent, amid concerns from local authorities regarding the risk of adverse impacts on the environment of the Thi Vai River.
The Vietnam Textile and Apparel Association (VITAS) and the Korea Institute of Industrial Technology (KITECH) will hold a seminar on “Smart manufacturing system for sustainable textile industry” in Hanoi on July 13.
Vietnamese textile and garment companies should focus more on developing their supply chain to enable them to capitalise on opportunities arising from free trade agreements, a panel discussion heard in Ho Chi Minh City this week.
The Vietnam Textile Association (Vitas) will host a number of important events of regional textile industry from October 31 to November 2, said Vitas President Vu Duc Giang.
Kraig Biocraft Laboratories, Inc, a leading American manufacturer of spider silk-based fibre, has signed an agreement with a government entity in Vietnam to develop its advanced silk technology.
VOV.VN - Vietnam’s clothing and textiles industry has recorded average annual growth of 15% over the past five years and experts anticipate this trend to continue in the near term with gross export revenue reaching a record high US$30 billion by 2020.
Vietnam's textile industry has been seeing a strong flow of foreign investment over the first half of the year, a trend that many say is spurred by a trade treaty expected to be completed by this year-end.
(VOV) - Indian billionaire Kumar Mangalam Birla is mulling over a plan to invest in Vietnam to tighten his grip in the textile industry.
(VOV) -The 14th Vietnam International Textile and Garment Industry Exhibition (VTG 2014) will take place in Ho Chi Minh City from October 29 to November 1, featuring machinery, equipment and materials for textile production.
(VOV) - Deputy Head of the Mongolian Ministry of Agriculture and Industry’s Department of Light Industry Policy Enforcement, Regzenda Sandag, highlighted links between HCM City and the Mongolian textile industry as a key target.
Despite the fluctuations on global and domestic markets, the Vietnamese textile industry continues to grow fast which helps Vietnam remain in top 10 world garment export countries.