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Textile sector set for success

Textile sector set for success

The Vietnamese textile and garment industry continued its big role as a key driver of Vietnam’s exports.

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).

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.

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.

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.

Vietnam faces challenges from trade conflict

Vietnam faces challenges from trade conflict

Statistics on import-export and investment activities during the first few months of the year show that Vietnam did not see any positive effects from the US-China trade war as forecast by several US agencies and the press.

FDI firms expand in local textile-garment sector

FDI firms expand in local textile-garment sector

Vietnam had become increasingly appealing to large foreign investor groups in the textile and garment industry who wanted to seize opportunities when the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect in January next year, according to analysts.

CPTPP, EVFTA help Vietnam’s garment-textile lure investment

CPTPP, EVFTA help Vietnam’s garment-textile lure investment

Free trade agreements, particularly the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA), are the driving force to attract big investments in Vietnam’s garment-textile industry.

Experts fret over Chinese capital inflows into Vietnam

Experts fret over Chinese capital inflows into Vietnam

Chinese companies may pour large investments into Vietnam so that their products can bear made-in-Vietnam labels. This could be detrimental to Vietnamese exporters, especially those in the wood processing and textile-garments industries, said experts.