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Textile and apparel export turnover up 10.4 per cent in nine months

Textile and apparel export turnover up 10.4 per cent in nine months

VOV.VN - Vietnam raked in an estimated US$24.77 billion in turnover from the export of garment and textile products during the first nine months of the year, up 10.4 per cent on year, according to statistics released by the Ministry of Industry and Trade.

Trade war will not affect RCEP: ASEAN Secretary-General

Trade war will not affect RCEP: ASEAN Secretary-General

Secretary-General of the Association of Southeast Asian Nations (ASEAN) Lim Jock Hoi has expressed his confidence that the Regional Comprehensive Economic Partnership (RCEP) will be completed in principle before Thailand’s chairmanship ends at the end of this year.

Vietnam’s textile export value up almost 7 pct in eight months

Vietnam’s textile export value up almost 7 pct in eight months

The Vietnam Textile and Apparel Association (VITAS) said the total export value of textiles, fiber, and cloth reached 25.7 billion USD in the first eight months of the year, up 8.6 percent year on year, including 60.6 percent from foreign direct investment (FDI) enterprises.

US-China trade war causes losses for apparel firms

US-China trade war causes losses for apparel firms

VOV.VN - Vietnam’s garment and textile sector has been suffering huge losses since late 2018 as a result of the fallout from the US-China trade war, according to a report released by the Ministry of Industry and Trade.

Experts warn of challenges to economic growth in 2019

Experts warn of challenges to economic growth in 2019

VOV.VN - Vietnam’s economic growth in 2019 could struggle to enjoy the same pace that it did in 2018 while experts have warned inflation this year, pressed by a tightened fiscal policy, is forecast to be higher than the rate seen last year.

Industrial property boom right on cue

Industrial property boom right on cue

New industrial property projects will come online just as foreign investors relocating due to the US-China trade war will boost demand in Vietnam.

Foreign firms shift to Vietnam due to US-China trade war

Foreign firms shift to Vietnam due to US-China trade war

Yokowo and Zhejiang Hailide New Material’s plan to relocate their factories from China to Vietnam shows that Vietnam will be one of the leading destinations for investors operating in China due to the impact of the US-China trade war.

Seminar to discuss US-China trade war impacts on Vietnam's trade

Seminar to discuss US-China trade war impacts on Vietnam's trade

The Vietnam International Arbitration Center (VIAC) will coordinate with the HCM City International Integration Support Center (CIIS) to organize a seminar, themed “The U.S.-China trade war: Prospects and risks for Vietnamese import-export enterprises,” in HCM City tomorrow (October 24).

Timber companies in Vietnam: seizing the opportunity

Timber companies in Vietnam: seizing the opportunity

The US-China trade war may bring about a shift in investment flows from Chinese timber firms to Vietnam. Consequently, it is crucial that the Vietnamese wood industry make use of this opportunity to benefit.

Trade war hits rubber industry

Trade war hits rubber industry

The escalating trade war between China and the US is increasing the pressure on Vietnam’s rubber exports, as China is currently Vietnam’s largest export market.