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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.

Vietnam, RoK see bright prospects in textiles partnership

Vietnam, RoK see bright prospects in textiles partnership

Vietnam and the Republic of Korea (RoK) have secured successful outcomes in the textiles sector based on their establishment of a cooperative system that supplements one another with technology and human resources.

Vietnam among top five global textile exporters

Vietnam among top five global textile exporters

Vietnam has made it onto the list of the world’s five biggest textile exporters and producers, with textile and garment export turnover hitting US$16 billion in the first half of 2018, up more than 14% year-on-year.

Garment, textile sector still strong

Garment, textile sector still strong

Despite facing difficulties, the garment and textile sector is expected to export products worth US$31 billion this year, a year-on-year increase of 10.2%, and the outlook is bright for next year too, the Vietnam Textile and Apparel Association (VITAS) has said.

APEC, potential market for Vietnam’s garment-textile

APEC, potential market for Vietnam’s garment-textile

Major member economies of the Asia-Pacific Economic Cooperation (APEC) forum, including the US, Japan, the Republic of Korea (RoK) and China, could make up 74-75% of Vietnam’s total garment-textile export turnover in the coming time.