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Textile and garment sector hits over US$19 bil of FDI over 30-year period

Textile and garment sector hits over US$19 bil of FDI over 30-year period

VOV.VN - The total amount of foreign direct investment (FDI) capital invested into the country’s textile, dyeing, and garment industry has reached more than US$19 billion across 1,383 projects during the three decades, according to the Vietnam Textile and Apparel Association.

Disillusioned about FDI: experts

Disillusioned about FDI: experts

If Vietnam doesn’t have a reasonable policy on using capital from FDI, it will have to pay a heavy price for it, experts say.

Domestic garment producers face order shortage in H1

Domestic garment producers face order shortage in H1

Local garment producers have so far received less order than 2018 and the shortage of orders is becoming more common, heard a press conference held by the Vietnam Textile and Apparel Association (VITAS) in Hanoi on July 19.

Textile manufacturing provides jobs to Vietnamese in Russia

Textile manufacturing provides jobs to Vietnamese in Russia

VOV.VN - Over the past 2 decades, textile and apparel businesses run by overseas Vietnamese in Russia have generated jobs for many Vietnamese. There are currently 200 textile manufacturing facilities, employing more than 10,000 people.

Textile and clothing industry urged to seize FTA opportunities

Textile and clothing industry urged to seize FTA opportunities

VOV.VN - When free trade agreements (FTAs) such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA) come into force, Vietnam will benefit from having access to large markets.

Vietnam attends India Int’l Silk Fair

Vietnam attends India Int’l Silk Fair

VOV.VN - Twenty one Vietnamese businesses are displaying their products at the sixth India International Silk Fair which opened in New Delhi on October 16.

HanoiTex draws 120 exhibitors from 12 countries

HanoiTex draws 120 exhibitors from 12 countries

VOV.VN - Nearly 120 exhibitors from 12 countries and territories are showcasing their products at the Hanoi Textile and Garment Industry Expo (HANOITEX) which opened at the International Centre for Exhibition on Tran Hung Dao Street, Hanoi on September 19.

Textile export earnings forecast to up US$1 bln against target

Textile export earnings forecast to up US$1 bln against target

Vietnam’s garment-textile export turnover is expected to hit US$18.5 billion in the second half of 2018, bringing the year’s export value to US$35 billion, US$1 billion higher than the target set for the year, heard a press conference in Hanoi on July 30.

Vietnamese textile and garment expect rosier US exports

Vietnamese textile and garment expect rosier US exports

Textile and clothing exports to the US might touch $13.8-13.9 billion this year, and experts assume the sector would see more import orders shifted to Vietnam due to the implications of the US-China trade war.

Vietnam targets US$200 bn garment, textile exports by 2035

Vietnam targets US$200 bn garment, textile exports by 2035

VOV.VN - With import tax cuts presented by free trade agreements (FTAs) to which, Vietnam is a member, increasing automation in production and quite favourable factors in the world market, the country’s garment and textile exports are forecast to hit US$200 billion by 2035.

Record number of exhibitors to take part in Saigontex

Record number of exhibitors to take part in Saigontex

VOV.VN - More than 1,100 domestic and foreign businesses have registered to take part in the Vietnam Saigon Textile & Garment Industry Expo (Saigontex 2018), which is set to take place in Ho Chi Minh City from April 11-14.

Garment-textile sector eyes 10% growth in 2018

Garment-textile sector eyes 10% growth in 2018

The garment-textile sector is aiming for a growth of 10% in 2018 in spite of huge challenges in the global market, said Le Tien Truong, Director General of the Vietnam National Textile Garment Group.

Garment exports to China show impressive growth

Garment exports to China show impressive growth

VOV.VN - Despite receiving huge imports of materials from China, Vietnam’s exports of textiles and garments to the vast market have consistently increased over recent years, rising from US$2.7 billion in 2016 up to around US$3.2 billion in 2017, and this growth pattern is expected to continue this year.