Market recovers, textile sector sets target of US$39 billion

Market recovers, textile sector sets target of US$39 billion

VCN- Currently, many enterprises in the industry have orders till the end of the third quarter of 2021, even to the end of the year. It is forecasted that textile exports will be able to reach the target of US$39 billion in 2021.
Obstacles could slow progress for textile sector in 2020

Obstacles could slow progress for textile sector in 2020

Vietnam’s apparel and textile sector is expected to face a range of hurdles this year as firms look to make progress amid the negative impact caused by the novel coronavirus with annual export turnover poised to decline by 15% to only US$33 billion, accor
Enterprises from 2 key import markets of textile sector suspend import

Enterprises from 2 key import markets of textile sector suspend import

Major export markets of the textile sector, including the US and EU, announced the import suspension for orders of Vietnam’s textile due to the Covid-19 epidemic
EVFTA creates more opportunities for garment and textile sector

EVFTA creates more opportunities for garment and textile sector

Vietnam’s textile and apparel industry is set to be the one of the biggest beneficiaries of the recently signed Vietnam-EU Free Trade Agreement (EVFTA) following its ratification.
nCoV likely to affect raw material source of garment and textile sector

nCoV likely to affect raw material source of garment and textile sector

Amid complicating developments relating to the novel coronavirus (nCoV) epidemic, Vietnam’s garment and textile sector has voiced their concerns regarding the impending impact that the virus will have on the raw material sources of businesses used in prod
Garment and textile sector enjoys trade surplus of US$16.6 billion

Garment and textile sector enjoys trade surplus of US$16.6 billion

After enjoying US$39 billion in export turnover throughout the year, the apparel and textile industry has recorded a trade surplus of US$16.6 billion, representing a US$ 2.25 billion increase in comparison to last year’s figure, according to the Vietnam T
Vietnam, India enhance closer cooperation in textile sector

Vietnam, India enhance closer cooperation in textile sector

The garment industry has called for investment in the underdeveloped textile, dyeing and fabric segments to meet the global supply chain demand, according to the Vietnam Textile and Apparel Association (VITAS).
Vietnam’s cotton imports surpass US$2 billion during Jan-Aug

Vietnam’s cotton imports surpass US$2 billion during Jan-Aug

Vietnam spent more than 2 billion USD on importing cotton in the first eight months of 2018 the biggest ever spending of the garment and textile sector
Garment-textile sector promotes global supply chain

Garment-textile sector promotes global supply chain

An international conference on enhancing the supply chain in ASEAN textile sector towards sustainable development was held Hanoi on November 1.
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