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Strong FDI inflows poured into textile and fiber projects

Strong FDI inflows poured into textile and fiber projects

VOV.VN - The first 11 months of 2019 saw a large amount of capital injected into various textile, dyeing, and fiber projects across the nation, according to information released by the Vietnam Textile and Apparel Association (Vitas).

Garment and textile sector enjoys trade surplus of US$16.6 billion

Garment and textile sector enjoys trade surplus of US$16.6 billion

VOV.VN - After enjoying US$39 billion in export turnover throughout the year, the apparel and textile industry has recorded a trade surplus of US$16.6 billion, up U$$2.25 billion over last year’s figure, according to the Vietnam Textile and Apparel Association (VITAS).

Garment export target of 40 billion USD may be reached

Garment export target of 40 billion USD may be reached

The domestic textile and garment industry is expected to reach its export revenue target of 40 billion USD this year despite facing many difficulties, said Vu Duc Giang, Chairman of the Vietnam Textile and Apparel Association (VITAS).

Vietnamese garment-makers showcase goods at Hong Kong fair

Vietnamese garment-makers showcase goods at Hong Kong fair

More than 35 leading Vietnamese producers of garments, textiles and fashion accessories as well as garment-related industries are showcasing their goods at Hong Kong’s biggest fashion show that opened on October 27.

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.

Stagnant supporting industries hamper apparel export

Stagnant supporting industries hamper apparel export

VOV.VN - Underdeveloped textile and dying supporting industries could pose a threat to the future export of the apparel sector amid the freshly-signed EU-Vietnam Free Trade Agreement, insiders have warned.

Initiative promotes safer working conditions for apparel, footwear workers

Initiative promotes safer working conditions for apparel, footwear workers

The Life and Building Safety (LABS) Initiative was officially launched in Hanoi on August 6 by IDH - the sustainable trade initiative and the Vietnam Textile and Apparel Association (VITAS), aiming to promote safer conditions for factory workers in the apparel and footwear industries.

Five products to see stronger export to EU: ministry

Five products to see stronger export to EU: ministry

Five key exports of Vietnam – seafood, fruit, woodwork, footwear and apparel goods – will have a good chance to boost their growth into the EU market thanks to tariff reduction brought about by the EU – Vietnam Free Trade Agreement (EVFTA), according to the Ministry of Industry and Trade.

Cotton Day 2019 held in Ho Chi Minh City

Cotton Day 2019 held in Ho Chi Minh City

The Cotton Council International (CCI) USA and the Vietnam Textile and Apparel Association (VITAS) held Cotton Day 2019 in Ho Chi Minh City on July 12.

Trade war to benefit Vietnam’s fashion sector

Trade war to benefit Vietnam’s fashion sector

VOV.VN - Vietnam and Bangladesh are forecast to reap benefits from becoming alternative sourcing destinations as the fashion sector is reckoned the most exposed amid an escalating US - China trade war with the US tariff threat of additional US$300 billion of Chinese imports, according to Fitch Solutions analysts.

Denim production sees potential to thrive: experts

Denim production sees potential to thrive: experts

Local producers have been able to ensure material supply for denim production, with localization rate in denim trousers reaching 55 – 60 percent, said Vice General Secretary of Vietnam Textile & Apparel Association (VITAS) Nguyen Thi Tuyet Mai.