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Vietnam’s textile and garment industry saw a slight increase in exports for the first half of the year, reaching an estimated $22.2 billion, marking a 1.7% rise compared to the same period in the previous year. This information was released by the Vietnam…
H&M Group is amongst the partners in the project. Vietnam’s textile and apparel industry is set to take a significant leap towards sustainability with the introduction of electric thermal technology later this year. The first steam-generating heat pump will…
7-Eleven Australia’s latest initiative to reduce textile waste going to landfill focuses on recycling old uniforms. The convenience chain is working with Loop Upcycling (Loop) to turn textiles into stretch fabric beanies. Julie Laycock, general manager –…
Textile firms are bracing for a profit plunge in the second half of this year, with the number of new orders slowing down since the middle of the second quarter. Most garment and textile enterprises have received orders for production until the third quarter…
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…
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…
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…
Textile company Gilimex said its net profits almost doubled in 2020 thanks to a number of high-value contracts with international retailers. It reported record revenues of VND3.45 trillion ($150 million), up 36 percent from 2019, and net profits of VND308…
With Vietnam not producing enough or competitively priced raw materials for the textile industry, its companies are struggling to fully benefit from the EVFTA. The lack of fabric production in the country means businesses are unable to meet origin…
Fast fashion chain H&M wants to turn discarded clothes into something new to wear again — within five hours. The Sweden-based retailer is about to start giving consumers at its Stockholm store the option to turn in used garments that it will then transform…
The textile and garment industry continues to be hurt by the Covid-19 pandemic with only weekly orders coming in due to uncertain demand. Shipments of textile and garment, Vietnam’s third-largest export earner, fell 11.6 percent year-on-year in the first…
Textiles businesses, including several with no prior experience, have begun producing antibacterial masks after authorities announced a daily need of 10 million. At the beginning of last week, Toan, an employee of the Dong Xuan Knitting Company in the…
Vietnamese textile manufacturers are seeing orders decline with buyers moving to others, cheaper developing countries. Normally, by the end of a year they would have enough orders for the whole of the following year, Nguyen Van Thoi, chairman of TNG…
Vietnamese textile manufacturers are seeing orders decline with buyers moving to others, cheaper developing countries. Normally, by the end of a year they would have enough orders for the whole of the following year, Nguyen Van Thoi, chairman of TNG…
The textile industry, Vietnam’s key exporter, faces hurdles to further development since it is stuck in the low-value segment of the supply chain. Nguyen Thi Xuan Thuy, director of the Ministry of Industry and Trade’s Centre for Supporting Industrial…
