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Vietnam"s garment and textile companies eye sustainable products

A new-generation free trade agreements and an increasing flow of investments into the local market are providing the foundations for garment and textile companies to diversify supply chains. ....

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Vietnamese textile and garment giants see Q2 profits plunge as orders drop

Vietnam s textile and garment giants Vinatex, Century Corp, Viet Tien Garment, and Phong Phu Corporation reported a plunge in profits in the second quarter of this year amid declining orders and high material prices. ....

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50 per cent of textile firms adopt sustainable production

In the context of high inventories and dwindling demand, textile firms are seeking to green their production to receive orders. ....

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70,000 garment and textiles job cuts since January

In an effort to retain as much personnel as possible, textiles firms are attempting to reduce production costs by any means possible. ....

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Textiles and garments must satisfy importer needs

Vietnam’s textile and garment sector is developing new competitive advantages to preserve its position as the world’s third-largest exporter. Van Nguyen spoke with Vu Duc Giang, chairman of the Vietnam Textile and Apparel Association, on the subject. ....

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