Vietnam International Textile and Garment Industry Exhibition attracts more than 500 tenants

Vietnam International Textile and Garment Industry Exhibition attracts more than 500 tenants

More than 500 domestic and foreign enterprises are participating in the Vietnam International Textile and Garment Industry Exhibition (VIATT 2024) at the Saigon Exhibition and Convention Centre in Ho Chi Minh City.
Hong Kong's Crystal Group eyes $200 million project in Nam Dinh

Hong Kong's Crystal Group eyes $200 million project in Nam Dinh

Hong Kong-based Crystal Group unveils its plan to build a factory in Nam Dinh province.
Domestic apparel firms encouraged to go greener

Domestic apparel firms encouraged to go greener

Vietnamese textile and garment producers are being urged to green their production processes to keep up with the changes in export markets.
Malaysia to recruit large number of foreign workers in three sub-sectors

Malaysia to recruit large number of foreign workers in three sub-sectors

Applications for the recruitment of foreign workers for barbershops and the textile and goldsmithery sub-sectors will open on October 10, according to Malaysian Minister of Human Resources V. Sivakumar.
Five items with export value of over 10 billion USD

Five items with export value of over 10 billion USD

Five commodities posted an export value of more than 10 billion USD in the first seven months of this year, making up 57.6 per cent of Vietnam’s total exports.
Regina Miracle slashes workforce by 8,400 amidst falling export orders

Regina Miracle slashes workforce by 8,400 amidst falling export orders

Facing a significant downturn in export orders, Regina Miracle, a global lingerie manufacturer, has reduced its Vietnamese workforce by 8,400 employees within a year.
Japanese textile enterprises consider shrinking production in Vietnam

Japanese textile enterprises consider shrinking production in Vietnam

Facing labour cost increases and a low localisation rate, some Japanese textile companies are thinking about cutting production in Vietnam.
Vinatex has flat revenue targets for 2023

Vinatex has flat revenue targets for 2023

Due to the anticipated market downturn, Vinatex predicts flat revenue and profit of just 86 per cent in 2023 compared to 2022.
Textile groups at pains to regather momentum

Textile groups at pains to regather momentum

Orders of textile and garment exporters in the last months of the year have been falling sharply compared to production capacity, combined with fluctuating raw material prices, leaving many businesses to prepare for a bumpy year ahead.
Vietnamese textile and garment businesses facing compliance pressure

Vietnamese textile and garment businesses facing compliance pressure

Vietnam's textile and apparel manufacturers are stepping up their efforts to comply with international standards for origin traceability.
Vietnamese textile and garment producers on track with 2021's goal

Vietnamese textile and garment producers on track with 2021's goal

Despite the heavy influence of the pandemic, Vietnam's textile and garment makers are striving to achieve the nations' export turnover target in 2021.
Vietnam surpasses Bangladesh as world's second-largest garment exporter

Vietnam surpasses Bangladesh as world's second-largest garment exporter

Vietnam has overtaken Bangladesh as the second-biggest garment exporter, according to the latest data released by the World Trade Organization (WTO).
RCEP advantages within reach

RCEP advantages within reach

Textile, footwear, and apparel producers have always faced complicated trading arrangements.
Textile, footwear companies feel confident

Textile, footwear companies feel confident

Armed with experience from coping with the first wave of the COVID-19 epidemic, many textile and footwear enterprises are quietly confident they can alter their plans as required and find new markets to cope with the second.
Securities company lists 9 industries that will be affected by epidemic

Securities company lists 9 industries that will be affected by epidemic

Nine industries could be negatively affected in the short term by the fallout of the coronavirus epidemic, according to a report by SSI Securities Corporation.
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