Many textile and garment enterprises are short of orders when inflation in the US and EU increases

Many textile and garment enterprises are short of orders when inflation in the US and EU increases

VCN - According to Mr. Truong Van Cam, Vice President and General Secretary of the Vietnam Textile and Apparel Association (Vitas), the high inflation rate in major textile and garment consuming markets such as the US, EU is affecting orders and unit pric
Fear of rising costs "overwhelms" businesses

Fear of rising costs "overwhelms" businesses

As reflected by businesses to Government leaders, rising costs have been a big challenge affecting the speed of recovery and growth in the last months of the year.
Flexible textile exports to meet changing regulations from the EU

Flexible textile exports to meet changing regulations from the EU

VCN - As one of the leading textile and garment export markets of Vietnam, the EU increasingly attaches importance to the development of the circular economy, minimizing the impact on the environment, thereby offering specific and stricter solutions to im
HCM City to host Vietnam-Taiwan textile-garment industry show

HCM City to host Vietnam-Taiwan textile-garment industry show

A Vietnam-Taiwan textile and garment industry exhibition will open on August 23 in Ho Chi Minh City.
Garment-textile exports set to hit 45.7 billion USD this year

Garment-textile exports set to hit 45.7 billion USD this year

Vietnam expects to earn 45.7 billion USD from garment-textile exports this year amid good results recorded since the beginning of this year and positive market developments.
Vietnam"s textile industry works on materials traceability for exports

Vietnam"s textile industry works on materials traceability for exports

Vietnam's textile industry is working on adapting to new requests for materials traceability from international markets.
Textile enterprises

Textile enterprises' results mixed in the second half of 2022

The demand for textiles and garments will tend to decrease due to the overbought of consumers in 2021, while high inflation is cutting people’s spending on unnecessary products.
Garment-textile exports forecast to face challenges in second half

Garment-textile exports forecast to face challenges in second half

Vietnam’s garment-textile exports are likely to encounter a host of challenges in terms of both market and supply chain in the second half of this year despite positive results in the first half, heard a seminar in Ho Chi Minh City on June 21.
Tight material supply impedes textile exports

Tight material supply impedes textile exports

Although the demand for Vietnamese textiles is forecast to rise steadily in the short term, firms are concerned that tight material supply willnbsp;impede their export plans.
Textile - garment sector sees strong growth

Textile - garment sector sees strong growth

The Vietnam National Textile and Garment Group (Vinatex) enjoyed a year-in-year surge of 144.2 percent in revenue to over 5.15 trillion VND (224.26 million USD) in the first quarter of 2022, completing 28.5 percent of its target for the whole year.
Bright outlook for textile industry but investors should still be cautious

Bright outlook for textile industry but investors should still be cautious

The textile and garment industry is forecast to have a bright prospect in 2022, but as share prices have increased sharply since 2021, many stocks may not continue to rise significantly. As a result, analysts say investors should only prioritise enterprises with good fundamental growth.
Shares struggle to stay positive, textile and retail stocks spur market

Shares struggle to stay positive, textile and retail stocks spur market

Shares struggled to stay positive on Friday with the large-caps experiencing strong volatility but cash flow pouring into textile and retail stocks still spurred the market’s uptrend.
Textile and garment industry focuses on domestic market

Textile and garment industry focuses on domestic market

With nearly 100 million people, the domestic market is considered fertile land for textile enterprises to boost production and dominate the market.
Achieving positive results in 2021, textiles and garments maintain a strong outlook in 2022

Achieving positive results in 2021, textiles and garments maintain a strong outlook in 2022

VCN - Despite the Covid-19 pandemic, many businesses in Vietnam's textile and garment industry still achieved positive results thanks to their flexible adaptation.
Two big strategies for textile enterprises in the post-Covid-19 period

Two big strategies for textile enterprises in the post-Covid-19 period

VCN - In the post-Covid-19 development strategy of Vietnamese textile and garment enterprises, "greening" the production process is a top priority to retain customers and develop and expand international markets. Besides, businesses also have the ambition
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