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Hoshima International, a leader in garment automation technology based in Singapore, is revolutionizing the manufacturing landscape with its innovative solutions. With over two decades of expertise, the company empowers garment producers in various countries,…
The value of textile and garment exports in the first quarter of 2023 reached $7.1 billion, down 17% compared to the same period in 2022, due to the impact of global inflation, according to the General Statistics Office (GSO). This was the deepest decline in…
Vietnamese garment and textile producers were overwhelmed with export orders in the first half of 2022, but things unraveled in spectacular fashion after mid-year as the global economy slumped. “2022 was an unprecedented year,” Le Tien Truong, chairman of the…
Vietnam’s garment and textile exports next year is set to remain the same as this year even in the worst-case scenario where the Covid-19 pandemic prolongs, an association forecasts. Vietnam Textile and Apparel Association (VITAS) anticipates export would…
Viettien Garment Corporation has not lost any of its Nike orders to other countries since the American company could not find suitable alternatives, its chairman said. “Until October, when we reopened, Nike has not moved any of its orders from Viettien to…
Garment and textile firms face labor shortages and broken supply chains, and find it hard to fulfill their export orders, the Vietnam Textile & Apparel Association has said. The fourth and most intense wave of Covid-19, which caused many textile companies to…
Major garment company Thanh Cong has reported its first monthly loss this year in August as housing workers at its plants as a precaution against Covid-19 spread increased costs. The company, formally known as Thanh Cong Textile Garment Investment, also saw…
Vietnam, the world’s second-biggest garment exporter, is facing the risk of losing orders to competitors amid the complicated Covid-19 situation in August. Gia Dinh Group JSC in the southern province of Binh Duong has secured orders till the end of December,…
The textiles and garment sector is likely to be impacted by the Covid-19 situation getting more complicated across Vietnam. Industry insiders say the pandemic situation in HCMC, in particular, will drag the sector down in the remaining months of the year. The…
China is set to become a major export market for Vietnam’s textile and garment industry, making up for the lull in traditional markets like Japan and the EU. According to Vietnam National Textile and Garment Group (Vinatex), Covid-19 has rendered some of the…
Two years after opening his garment factory in Myanmar, Li Dongliang is on the verge of closing down and laying off his 800 remaining workers. The business had been struggling because of the Covid-19 pandemic, but after a February 1 coup that sparked mass…
Indonesia is set to become one of the top five textile and textile product producers in the world by 2030, and the Ministry of Trade is forging ahead with its Making Indonesia 4.0 roadmap, which prioritizes the development of a number of industries, including…
Bangladesh is battling to keep its position as the world’s second-largest exporter of clothing after China, as it faces intensifying competition from Cambodia, Vietnam, Myanmar and now African countries like Ethiopia as global brands search for cheap labor.…
Vietnam’s garment exports are set to rise by 14.8 percent this year to $35 billion, an industry official said on Friday. The expected growth is attributed to the fact that U.S. retailers diversify their product sourcing to keep costs under control amid an…
For price conscious Vietnamese consumers, an organic product more expensive than its normal version is not an attractive option, but one firm has decided to be persistent. The Phong Phu Textile and Garment Company introduced its made-in-Vietnam eco-friendly…
Myanmar’s garment sector is targeting a 300% increase in garment exports to the European Union (EU) by end of 2019 thanks to a EUR2.8m (US$3m) funding boost as the second phase of the SMART Myanmar project gets underway. The EU-funded SMART Myanmar project –…
