Textile & Garment Industry News

Textile, garment sector sets $9.5b export target (09/07/2008)

Despite fluctuations in the global market, Viet Nam’s textile and garment sector has set an export target of US$9.5 billion for this year.
(Source:- http://vietnamnews.vnagency.com.vn/showarticle.php?num=03BUS090708)

Garment makers eye latest technology (April 12, 2008)
Thousands of domestic and foreign textile and garment companies aim to ink deals and test technologies at the International Textile and Garment Industry Expo in HCM City that opened late this week. More»
Int’l garment industry expo opens in HCMC (April 10, 2008)
Products from nearly 400 companies in 27 countries and territories worldwide are showcased at a four-day international textile and garment industry exhibition which opened in Ho Chi Minh City Wednesday. More»
US firm opens high-tech apparel center in southern hub (April 9, 2008)
US-based Gerber Scientific International Vietnam, a provider of equipment related to the textile industry, Tuesday inaugurated a US$1 million advanced technology center (ATC) in Ho Chi Minh City. More»
Going global (April 2, 2008)
A generation of young designers is confident that Vietnamese fashion will one day become popular abroad. More»
Vietnam seeks to raise local contents in apparel products (March 13, 2008)
Vietnam will take measures to raise local contents in apparel products to 50% by the year 2010 in an effort to lessen reliance on imports, said the top leader of the Vietnam National Textiles and Garment Group (Vinatex). More»
Belgium helps Viet Nam develop textile technique testing (23/01/2008)
Belgium will provide 1 million euros for a project to strengthen the capacity of the Textile Research Institute (TRI) in researching, training and developing textile technique testing More»
Garment, textile industry sets high targets (14/01/2008)
The garment making and textile sector has expected to increase its yearly export revenue by more than 23 percent to 9.5 billion USD in 2008.More»
Garment companies fight to the death (09/01/2008) 
Garments might be looking at export turnover near $7.7bil in 2007, but the actual profit Vietnamese companies retain is really quite modest. Experts attribute this to a lack of cooperation and fierce competition. More»
Viet Nam enters top 10 (11/Dec/2007)
In the last two months, textile and apparel industry of our country has gained export turnover of 1.47 billion USD, the highest recorded so far as compared with the same period of time. So, taking into account until the end of October, the whole industry has attained export turnover of 6.4 billion USD, rising over the performance level of the entire last year by a value of 0.5 billion USD. More»
Textiles target record US$9.5 billion next year (03/Dec/2007)

In pursuit of the all-time record export turnover, estimated al US$7.8 billion for this year, the textile and garment industry plans to reach an export value worth as much as US$9.5 billion next year, offcials said at a conference. More»


U.S. Textile and Apparel imports from Viet Nam lively taking place (26/Oct/2007)

The United States' textile and apparel imports from Viet Nam in months on the end of the year are taking places more lively than the beginning months of the year 2007. More»


Export, Import results September and nine months 2007 (15/Oct/2007)

In September, both export and import are slowly rising after 3 months of high growth, but this result only shows the seasonal cycle character in exports, not much affect to the plan's execution situation of the whole year 2007. More»


Textile and apparel "overtook" crude oil (08/Oct/2007)

Textile and apparel has officially "overtaken" crude oil to ríse to the leading position in Viet Nam's list of main export items.  More»


Vietnam garment export up 31 pct in first 2 months (28/Feb/2007)

Vietnam exported textiles and garments worth more than one billion U.S. dollars in the first two months of this year, a year-on-year rise of 31.1 percent, according to the Vietnam Textile and Apparel Association (Vitas) on Wednesday. Vitas has encouraged local garment enterprises to further explore traditional markets such as the United States, the European Union, and Japan, and seek more new ones. More»

Garment sector eyes US$7 billion from exports (26/Feb/2007)

The Viet Nam Textile and Apparel Association (Vitas) has launched an emulation movement to raise productivity and boost exports with the aim of earning at least 7 billion USD in export turnover this year. Vitas also urged local textile and garment businesses to seek more markets, take the initiative in material supplies, and renew production technology to increase the added value of their exported products.

Textile and garment sector continues drawing FDI (12/Feb/2007)

Viet Nam's major textile and apparels projects continue to lure foreign investment capital, said the Viet Nam Textile and Garment Corporation (Vinatex). The factory, which will have an output capacity of approximately 30 million metres per year, is expected to be operational by 2008, said Vinatex.  More»

Important textile and garment projects started operating in Hung Yen  (06/Feb/2007)

Three important projects were launched in the Pho Noi B Textile and Garment Industrial Zone, northern Hung Yen province, on Feb. 5. Giang said that these projects are an important part of the IZ development plan, which will help meet the demand of textile and garment export market to the US, EU and Japan. They also help create more jobs for local people, improve the production quality and adhere to environment protection regulations in the IZ. More»

Vinatex forecasts 17% revenue growth (15/Jan/2007)

State-run Viet Nam Textile and Garment Group (Vinatex) predicts 17 per cent revenue growth this year to VND24.57 trillion (US$1.53 billion).The forecast was announced during the company’s annual general meeting yesterday, during which executives reported VND21 trillion in 2006 earnings, up 16 per cent year-on-year. More»

Textile Apparel Export 2006 Gained USD 5.8B (08/Jan/2007) 

Mr. Nguyen Duc Thanh - Chief of Textile Apparel Administration Committee ( the Ministry of Trade) told that in 2006, textile apparel export turnover was estimated to reach above 5.8 billion USD, a 22% increase as compared with 2005. In this, export value to the U.S. market gained about 2.2 billion USD, increased by around 25% compared to 2005. More»

Chinese textile apparel council worked with Vietnam textile and apparel association(05/Jan/2007)

In the work session with Vitas' and Vinatex's leaders on November 22, 2006 in Hanoi, the two sides have exchanged opinions straightforwardly, openly concerning status of textile apparel industry of each country, the aspects that have been done, as well as the remaining problems, the challenges toward textile apparel industry of each country. More»