Blog Posts - Garment Textile



Garment sector tops nation’s exports

Garment and textile exports jumped 11.1% on-month in July to US$2.1 billion, surpassing the telephone sector as the nation’s leading export industry, reports the Ministry of Industry and Trade (MoIT). According to the Ministry’s latest statistics...
by Vietnam Business News on Aug 6, 2014

FTA with EU would boost exports

The Vietnam-EU Free Trade Agreement is expected to be signed by October will bring “win-win” opportunities of success for both sides’ business communities, delegates told a forum organised in Ho Chi Minh City on May 13. The EU conti...
by Vietnam Business News on May 15, 2014

Enterprises urged to prepare for TPP

Vietnamee small and medium sized enterprises (SMEs) lack preparedness to cope with cross-cutting issues posed by the Trans-Pacific Partnership (TPP) and need changes in management and production methods to more effectively compete after the pact come...
by Vietnam Business News on May 4, 2014

Potential for HCM City-Mongolia textile cooperation

Deputy Head of the Mongolian Ministry of Agriculture and Industry’s Department of Light Industry Policy Enforcement, Regzenda Sandag, highlighted links between HCM City and the Mongolian textile industry as a key target. At an April 16 recent semin...
by Vietnam Business News on Apr 16, 2014

US businesses keen on Vietnamese apparel imports

Ministry of Industry and Trade statistics show last year’s Vietnamese garment and textile exports to the US realised US$8.6 billion, up 14.2% from the previous year. Especially, the US remains Vietnam’s largest export market for such items as foo...
by Vietnam Business News on Apr 7, 2014

Garment sector experiences boom with bulk orders

The Ministry of Industry and Trade confirms the US, the EU and Japan were the three key importers of Vietnam’s garments and textiles in January. Businesses have secured orders until the end of the first quarter of this year and some major companies...
by Vietnam Business News on Feb 16, 2014

State to keep stake in equitised SOEs

Leaders of State-owned enterprises (SOEs) have pledged to implement schedules for equitisation of enterprises by 2015 in accordance with the Government’s announced plans. However, they still expect the State to be themajority shareholder in the ent...
by Vietnam Business News on Feb 12, 2014

Supply chain key to textiles growth

Vietnam can significantly increase export of garment and textiles if it joins bilateral free trade agreements and multilateral ones like the Trans-Pacific Partnership, but only if it can set up a robust supply chain. The problem has dogged the indust...
by Vietnam Business News on Dec 30, 2013

Promising trade cooperation between Vietnam and Germany

The Germany Business Association (GBA) has reported Germany is now Vietnam’s largest trade partner in Europe, with 250 companies investing as much as US$1.1 billion in the country. President Elmar Dutt said the GBA together with German Industry and...
by Vietnam Business News on Oct 16, 2013

Manufacturing sector grows in September

The Hong Kong and Shanghai Banking Corporation (HSBC) has reported Vietnam’s September Purchasing Managers’ Index (PMI) rose above the 50.0 neutral reading to 51.5. The PMI is a composite indicator offering a snapshot of the manufacturing industr...
by Vietnam Business News on Oct 1, 2013

TPP drives textile, garment firms to step up production

Textile and garmententerprises in southern Dong Nai Province have, according to the regulations of the Trans-Pacific Partnership Agreement (TPP), made great efforts to improve production. The move aims to help them take the advantages of the agreemen...
by Vietnam Business News on Sep 29, 2013

Vietnam, US businesses cooperate in developing cotton industry

Cotton and fibre businesses from Vietnam and the US gathered at a meeting in Ho Chi Minh City on September 11 to discuss on how best to develop the cotton industry. Nguyen Hong Giang, Secretary General of the Vietnam Cotton and Spinning Association,...
by Vietnam Business News on Sep 11, 2013

Vietnam’s textile, garment industry to join TPP

Participation in the Trans-Pacific Partnership Agreement (TPP) would create favourable conditions to boost Vietnam’s textile and garment sector as the third key industry of the country, according to industry insiders. This is also the view that...
by Vietnam Business News on Sep 9, 2013

HCM City firms seek more female workers

Ho Chi Minh City authorities and companies have unveiled numerous measures to benefit female workers in industrial parks and zones in recent years. Of more than 268,000 workers in the city’s 15 industrial parks and export processing zones, 161,...
by Vietnam Business News on Sep 2, 2013

TPP promises more opportunities for garment exports

Once the Trans-Pacific Partnership (TPP) agreement is realised, Vietnam’s textile and garment sector will gain benefits as the agreement is expected to bring the export tax rate for garments down to zero percent. According to Executive Director of...
by Vietnam Business News on Aug 4, 2013

Vietnam joins new TPP negotiations in Malaysia

The parties involved are Japan, the US, Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. Relevant agencies will present their opinions and concerns regarding the negotiations at a special forum on July 20...
by Vietnam Business News on Jul 16, 2013

Garment group to perform IPO in the fourth quarter

The Vietnam Textile and Garment Group (Vinatex) has completed the audit and business valuation for its first issue of shares to the public (IPO) in the fourth quarter of 2013. Vinatex’s Deputy General Director – Mr. Le Tien Truong, said at a meet...
by Vietnam Business News on Jul 12, 2013

Garment exports target comes near

Vietnam’s total export turnover for textiles and garments in the first half of this year surpassed 8.9 billion USD, a 14.5 percent increase year-on-year, the Vietnam Textile and Apparel Association (VITAS) reported. The textiles and garments in...
by Vietnam Business News on Jul 9, 2013

Export earnings from garments for kids increase

Vietnam raked in US$279.3 million from the export of kid clothing in the first five months of this year, up 19.7% over the same period of 2012. The value is predicted to reach US$351.3 million in June, or a year-on-year increase of 20.2%. Key export...
by Vietnam Business News on Jun 27, 2013

FTA opens doors for garment industry in Vietnam

EU market was the second largest consumer of garments and textiles from Vietnam, after the US market, but the ongoing debt crisis in Europe has caused a slump in this industry, with Japan now replacing it as the second largest importer. The US, EU, a...
by Vietnam Business News on May 28, 2013


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