Vinatex mart is still striving for a greater slice of the home market. After a decade of development the Vinatex mart system, which specialises in selling locally made textile and garment products made by businesses under Vinatex, has demonstrated its leading role in clothing distribution in the domestic market. The system’s total revenue exceeded VND2 [...]
Local footwear firms are enjoying buoyant business figures. Unlike a bleak 2009, local footwear export firms are running at full capacity for rising export orders in 2011. Vietnam Leather and Footwear Association (Lefaso) chairman Nguyen Duc Thuan said Sao Vang, Dinh Vang, Dong Hung or Truong Loi footwear companies were especially making hay while the [...]
Gap, the American fashion iconic retail brand, has entered the Vietnamese market with the launch of a ceremony at Vincom centre in HCM City’s District 1. The event has also introduced Gap’s first store and its newest Fall 2011 collection for every target segment includes adult, baby and kid, to Vietnamese people. The style offers [...]
Vietnamese shoes makers now have the opportunities to come back to the EU market, since the anti-dumping duties have been left. However, they still cannot breathe a sigh with relief because big difficulties are still ahead. In the past, the EU market consumed up to 70 percent of total shoe exports of Vietnam, while the [...]
The garment industry may face slow development despite experiencing export growth of 28 percent in the past nine months, according to the Vietnam Textile and Apparel Association (VITAS). The Ministry of Industry and Trade says the sector managed to hit export revenues of US$10.3 billion. Textile and garment exports, one of Vietnam’s biggest hard-currency earners, [...]
(VOV) – Leather footwear businesses have won an export order for 2011 and are negotiating new orders for next years, according to the Ministry of Industry and Trade (MoIT). It is forecast that the leather and footwear sector can achieve an export turnover of US$6 billion this year. In the first nine months, total export [...]
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