January 23, 2010
New luxury tax for alcohol; Metro Cash & Carry to open 12th center in Vietnam; Local textile, garment firms cooperate to boost expansion Beer and other alcoholic drinks will face a special consumption tax of 45 percent until the end of 2012, the General Department of Taxation has said. According to a note sent by [...]
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January 17, 2010
Workers in a jacket production line at a Huu Nghi Apparel Company factory in HCMC Textile and garment expert says higher labor prices are a phenomenon limited to urban areas of Vietnam. Diep Thanh Kiet, deputy chairman of the Ho Chi Minh City Association of Garments, Textiles, Embroidery and Knitting talks to Thanh Nien Weekly [...]
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November 26, 2009
The local garment and textile industry’s target of self-sufficiency in material supply in the long term looks unobtainable due to a shortage of investment in new technology. Advanced equipment on display at the ninth Vietnam International Textile and Garment Exhibition 2009 (VTG 2009) held at the Saigon Exhibition and Convention Center in HCMC early this [...]
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October 17, 2009
Vietnam’s garment export turnover for the past 9 months reached nearly US$6.7 billion, US$800 million of which came in September. Industry watchers can now breath a sigh of relief to see this year’s target of US$9.7 billion from garment exports, a 3 percent increase is within reach.Strong signals from new marketsNew markets have played an [...]
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August 7, 2009
While garments exported to the US and EU have been decreasing, exports going to Japan are still going well with a 20 percent growth rate in the first six months of the year. Statistics from the General Department of Customs showed that in the first six months of the year, export turnover of garments sent [...]
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July 11, 2009
The Ministry of Industry and Trade has reported that Vietnam earned more than US$4 billion from textile and garment exports in the first six months of the year, a drop of 1.3 percent from the same period last year. LookAtVietnam – The Ministry of Industry and Trade has reported that Vietnam earned more than US$4 [...]
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July 2, 2009
Vietnam leads in foreign arrivals to Cambodia; Textile and garment exports to Japan expect 20 percent rise; Construction begins on 28 million USD beer plant; Ben Tre invites investment in several sectors Vietnam’s textile and garment exports to Japan is forecast to grow by 20 percent year on year to between 900 million USD and [...]
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June 30, 2009
Due to economic downturn, the textile and garment sector faced a decline in exports and a lack of orders in the first few months of the year. However, there are clear signs of recovery. Wokers have jobs when textile and garment companies have orders. (Photo: SGGP) VietNamNet Bridge – Due to the world economic downturn, [...]
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June 25, 2009
LookAtVietnam – Viet Nam earned US$4 billion from apparel exports in the first half of the year, 1.3 per cent down on the same period last year, the Viet Nam Textile and Apparel Association reported. Apparel enterprises are managing their source of raw materials to improve the stability of the industry’s development for the coming [...]
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June 23, 2009
LookAtVietnam – Nguyen Son, deputy secretary general of the Viet Nam Textile and Apparel Association, discusses the industry’s labour shortage with Dau Tu (Viet Nam Investment Review) newspaper. Next week, textile and garment enterprises in the north will meet industry leaders in Ha Noi to find ways to overcome labour shortages.The industry actually faces labour [...]
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