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 […]

Several direct air routes between Korea-Vietnam to open

2018/01 05 07:01

Several direct air routes connecting cities in Vietnam and South Korea will be opened in future to boost bilateral trade and business collaboration, Vietnamese Prime Minister Nguyen Xuan Phuc said while hosting a reception in Hanoi recently for Choi Young Joo, president of the Republic of Korea-Vietnam Friendship Association and CEO of the Panko Corporation. […]

Vietnam has new rules on formaldehyde and azo dyes

2018/01 01 18:01

Vietnam has prepared new regulations on formaldehyde and azo dyes limits in textile products manufactured, imported, distributed and sold in the country. The regulations have been issued by the Ministry of Industry and Trade (MOIT) and will come into effect on May 1, 2018. Earlier in 2017, the MOIT had published a draft regulation on […]

Vietnam’s textile sector sees over $30 bn in exports revenue in 2017

2017/12 27 11:12

A government decision to raise the minimum monthly wage by 6.5 per cent in 2018, over $30 billion in exports revenue, expansion of investments by Chinese and Taiwanese firms, and India’s Reliance Industries Limited (RIL) deciding to join hands with PetroVietnam to restart the Dinh Vu polyester plant marked the year in Vietnam’s textiles and […]