Higg Index to boost Vietnamese textiles sector

2018/07 05 05:07

The Vietnam Textile and Apparel Association (VITAS), the Sustainable Apparel Coalition (SAC) and Hong Kong-based garment firm TAL Group have decided to introduce the Higg Index in the country’s textile and garment industry at a meeting in Hanoi. The aim is to build a sustainable brand for Vietnamese textiles. Higg is an online self-assessment tool […]

Vietnam’s textile sector is 5th in world: VCOSA

2018/07 05 05:07

The Vietnam Cotton and Spinning Association (VCOSA) recently said the textile sector has the second highest export turnover and occupies fifth position in the world. Vietnam exported textile items worth more than $31 billion last year, representing an annual rise of 10.23 per cent. The growth is expected to continue this year with an estimated […]

FDI in Vietnamese textile-garment projects on the rise

2018/07 05 05:07

The European Union (EU)-Vietnam Free Trade Agreement (EVFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have boosted foreign direct investment (FDI) in textile-garment projects in Vietnam, according to the Vietnam Textile and Apparel Association (VITAS). FDI had dipped early last year, when the United States withdrew from the Trans-Pacific Partnership (TPP). FDI […]

UNDP project to reduce textile emissions in Vietnam

2018/06 17 15:06

Courtesy: UNDP The United Nations Development Program (UNDP) and the Vietnam Chemicals Agency, ministry of industry and trade recently held the inception workshop of a project called the ‘Application of Green Chemistry in Viet Nam to support green growth and reduction in the use and release of Persistent Organic Pollutants (POPs) and hazardous chemicals’. The […]

Green production aim of Vietnam’s garment-textile sector

2018/04 22 05:04

Vietnam needs clean, green, energy-saving production technology in the textile and garment sector to improve competitiveness, discussed a recent workshop in Ho Chi Minh City. The sector is under pressure related to price, production costs, environmental safety and workers’ health, according to Vietnam Textile and Apparel Association chairman Vu Duc Giang. The sector spends up […]

PVTex plant in Vietnam resumes operations

2018/04 22 05:04

Courtesy: Dinh Vu Polyester fibre plant (PVTex) The Dinh Vu Polyester fibre plant (PVTex) in Vietnam has resumed operations of three production lines and is expected to produce 189 tonnes of yarn in a month’s span. The plant which comes under the ministry of industry and trade is being revived as the government has planned […]

Vietnamese cloth firms need better HR management: Experts

2018/04 22 05:04

Garment and textile firms in Vietnam should pay more attention to workers’ needs and better manage human resource to sustain a productive and quality workforce, it was discussed at a seminar on workforce development in the sector in Ho Chi Minh (HCM) City recently. This is crucial as Vietnam is acceding to international trade agreements, […]

12 investors commit $38 mn to VSIP in Vietnam’s Nghe An

2018/02 01 09:02

Twelve investors have committed $38 million to the Vietnam-Singapore Industrial Park (VSIP) near Nghe An province’s capital Vinh City since its construction began in 2016. Seven investors have received land and work on their projects is expected to begin soon. Another two plants will start operations in near future. The park’s first stage covers 83 […]

Vietnam targets $20 bn from export of footwear, bags

2018/01 18 12:01

Vietnam targets to earn around $20 billion from the export of footwear, bags and suitcases in 2018. Positive signs in the global economy and rising consumption demand would create favourable conditions for domestic firms in exports and investment, according to Vietnam Leather, Footwear and Handbag Association (Lefaso) vice president Phan Th? Thanh Xuan. Buoyed by […]

Industry 4.0 adversely affecting Vietnamese garment firms

2018/01 16 12:01

Several garment and textile companies in Vietnam have either closed units or have been facing such possibilities since mid 2017 due to firms investing in automated production lines, robots and new technologies. Such modernisation requires much lesser number of workers and workers who can handle the modern equipment, leaving many traditional workers jobless. Fenix Knitting […]

Vietnam’s garment sector targets $34 bn export turnover

2018/01 07 08:01

Vietnam’s textile and garment industry has targeted a year-on-year increase of 10 per cent in export value to $34 billion in 2018 despite difficulties in markets at home and abroad, according to Le Tien Truong, general director of the Vietnam National Garment and Textile Group (Vinatex). He recently reported Vinatex’s performance at a meeting in […]