Vietnam’s garment and textile industry needs up to 200,000 more workers as demand picked up following the global economic recovery, officials and companies said Tuesday.
“There is a close link between the global economic recovery and the shortage of workers in the garment and textile sectors,” said Pham Thi Lieu, chief executive officer of a Hanoi-based [...]
The garment and textile industry is estimated to have achieved revenue of US$5.87 billion in the first seven months of this year, up 17.3 per cent over the same period last year, according to the Ministry of Industry and Trade.
The ministry added that in July alone, the industry earned $1.05 billion from exports, a month-on-month [...]
Vietnam ranks fourth on the list of the world’s top 10 shoe exporters, with plans to export $6.2 billion worth of products in 2010 alone. Yet, the domestic shoe market is dominated by foreign-made products, especially those from China.
At a shop that distributes Vietnamese Biti’s brand products in HCM City, there are more than 150 [...]
Le Quoc An – chair of the Vietnam National Textile and Garment Corporation (Vinatex) said its members are promoting the strategy of developing domestic markets aimed at increasing the retail revenue by 17 percent-20 percent per year.
He added that the corporation has enjoyed estimated total retail revenue in the domestic market of 6 trillion dong, [...]
Foreign importers have place enough orders to provide jobs at Vietnamese garment companies until the end of the third quarter of 2010 and beyond, but sometimes there can be too much of a good thing.
In the first six months of 2010, garment exports brought $4.87 billion in revenue, an increase of 17.2 percent over the [...]
Vietnam Textile and Apparel Association (Vitas) has affirmed that its goal of $10.5 billion in export revenue for 2010 is within reach. As export revenues rise, however, profits are dropping.
Le Quang Hung, Chair of Garmex Company, estimated that, in the first six months of the year, total export revenue reached 281 billion dong, but the [...]
The Vietnam Chamber of Commerce and Industry (VCCI) and the Cotton Textiles Export Promotion Council of India (TEXPROCIL) held an exchange meeting for cotton, garment and textile companies of the two countries in Ho Chi Minh City.
At the meeting, Ms Nguyen Hong Ha, Deputy Director of VCCI HCM City Branch, said Vietnam is one of [...]
Vietnam earned 2.7 billion USD from exporting garments to the US in the first half of this year, an annual increase of 15 percent, after dropping last year.
According to the Vietnam Textiles and Apparel Association (VITAS), garments are Vietnam ’s major export staple and account for the largest proportion of the country’s total export value [...]
The Ministry of Industry and Trade has submitted a plan to the Government on developing supporting industries for key sectors of the national economy.
Under the plan, industrial products that make materials for five key industries, including footwear and garments, will be able to enjoy preferential policies on investment for market development, science and technology, infrastructure [...]
Leather and footwear exports topped US$2.3 billion in the first half, 10.9 per cent up over the same period last year.
The US was the largest importer, accounting for 28.9 per cent of exports, the Viet Nam Leather and Footwear Association said.
Exports to the EU fell because of the European Commission’s anti-dumping duties on Vietnamese leather-capped [...]
Subscribe in a Reader
World Business News
Subscribe via Email