The market is shifting, forcing the industry to speed up to adapt

The market is shifting, forcing the industry to speed up to adapt

VCN - In 2022, the textile and garment and footwear industries will witness the highest export growth ever.
A bright signal for exports at the end of the year from the business results of enterprises

A bright signal for exports at the end of the year from the business results of enterprises

VCN - Although it is not completely recovered compared to the same period last year, the business results in the second quarter of 2023 of many enterprises have shown positive signals in export activities, lighting up hope for the remaining months of year
Sustainability and circularity a necessity for Vietnamese textiles

Sustainability and circularity a necessity for Vietnamese textiles

Sustainability and circularity are an inevitable path that Vietnamese textiles have to follow, according to Truong Van Cam, General Secretary of the Vietnam Textile and Apparel Association (VITAS).
FDI enterprises see trade surplus of over US$10 billion

FDI enterprises see trade surplus of over US$10 billion

VCN - Meanwhile, the import and export of domestic enterprises rose 17.8% compared with the same period of the previous year to US$83.26 billion.
Difficulties pile up, textiles expect orders

Difficulties pile up, textiles expect orders

VCN - Vietnamese textile and garment enterprises currently only receive orders according to information every month, even every week.
Imported raw material of textiles and footwear still not recovered

Imported raw material of textiles and footwear still not recovered

The supplies of raw material for the textile and footwear industry from import have still not recovered while facing difficulties in the output when some partners have suspended orders
Mass items of billions of USD face difficulties when EU closes the border

Mass items of billions of USD face difficulties when EU closes the border

As the EU has closed borders, consumption demand of Vietnam's main export products like textiles, footwear, furniture and phones will likely decline.
Export of textiles and footwear: bustling from the beginning of 2018

Export of textiles and footwear: bustling from the beginning of 2018

VCN- With the turnover increasing in many markets, export results of the textile and footwear industry has been positive since the beginning of 2018.
‘Direct to customer’ innovation needed for textiles, clothing

‘Direct to customer’ innovation needed for textiles, clothing

The textiles and clothing segments in Vietnam stand little chance for any meaningful economic growth in international sales over the near term without substantial reform, says the Textile Outlook International.
Clothing, textiles need new EU marketing strategy

Clothing, textiles need new EU marketing strategy

The EU and Vietnam have reached an agreement on a free trade deal that will remove nearly all tariffs on commerce between the two economies and contribute to further market access, albeit with long transition periods for certain products.
Major export commodity groups in 2016

Major export commodity groups in 2016

VCN - According to General Department of Customs, the export turnover of 10 major commodity groups in 2016 reached nearly $US 126.85 billion.
Textiles looks toward $US 30 billion

Textiles looks toward $US 30 billion

VCN- The market situation in 2017 will be similar to 2016, or perhaps have a little brighter sign when the US economy tends to grow better. Thus, the textile industry has set growth of 6.5-7% in 2017, a target of more than $US 30 billion.
German tech meets VN textile

German tech meets VN textile

More than 600 business representatives and experts from Việt Nam’s textile and support industries were introduced yesterday in Hà Nội to Germany’s latest textile and apparel technologies.
VN attracts over $11b FDI in first half of 2016

VN attracts over $11b FDI in first half of 2016

The total foreign direct investment (FDI) registered in the country in the first half of the year reached more than US$11.2 billion.
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