garment industry

Update news garment industry

Apparel industry struggles to reach export target this year due to COVID-19

The domestic textile and garment industry is likely to not reach its goals in production and business due to the strong impacts of the COVID-19 pandemic, according to the Vietnam Textile and Apparel Association (Vitas).

Vietnam's garment industry yet to enjoy benefits from EVFTA

It is anticipated that local textile and apparel firms will not be able to enjoy any immediate benefits from the European Union -Vietnam Free Trade Agreement (EVFTA) once it enters into force due to rules of origin, according to insiders.

Ministry launches investigation into anti-dumping duties on polyester yarn

The Ministry of Industry and Trade has issued a decision on investigating anti-dumping duties on polyester filament yarn (PFY) with HS codes: 5402.33.00, 5402.46.00 and 5402.47.00 originating from China, India, Indonesia and Malaysia.

Industry urges development plan renewal

VietNamNet Bridge – Many sectors have built long-term development plans, but after a period of implementing those plans, they must adjust them to be suitable with reality. 

Robots threatening livelihoods of millions of workers in Vietnam

VietNamNet Bridge - Experts have warned that millions of Vietnamese workers, especially in the electronic parts, footwear and garment industries, will become redundant because of the use of robots at factories.

Zara poses big challenges to Vietnamese fashion industry

VietNamNet Bridge - The image of Vietnamese people queuing up at the cash register at Zara on opening day showed that the young fashion industry faces new challenges.

BUSINESS IN BRIEF 18/6

 Vietnam, Russia sign oil, gas exploration deal; PM instructs composition of 2015 socio-economic plan; Mekong Delta fetches nearly US$1 bil from rice exports;

BUSINESS IN BRIEF 25/1

State Audit announces 2014 shortlist; Positive signals for shrimp exports to Japan; Vinacomin’s power plan goes into overdrive; Formosa eyes import tax break; Ground breaks at new titanium plant

TPP a rose sprig with thorns

Vietnam may see its GDP increase by $26.2 billion in the period from the day the Trans Pacific Partnership (TPP) agreement is signed, slated for the end of this year to 2025.