Textile

Retail Asia26/06/2017

Restructuring the textile and garment industry involves drawing up a new development strategy, using new technologies, and closing fiber and textile factories that use outdated technologies. The Nam Dinh Textile & Garment JSC has undergone ‘major surgery’. The number of workers has been cut from 18,000 to 4,000. However, the remaining workers’ output equals that […]

Retail Asia27/04/2017

Indonesias exports of textile and textile products (TPT) were valued at US$2 billion in the first two months of this year or 3 percent higher than in the same period last year. “TPT industry is a labor industry providing jobs for around 3 million people that it could serve as a social safety net,” Industry […]

Retail Asia18/01/2017

Viet Nam Textile and Garment Group (Vinatex) on Monday signed a strategic co-operation agreement with Japanese firm Itochu, witnessed by PM Nguyen Xuan Phuc and his Japanese counterpart Shinzo Abe in Ha Noi. Itochu is expected to help Vinatex make a change in textiles and garment production and business method from Cut—Make—Trim to Free on […]

Retail Asia10/01/2017

A strong Vietnamese dong and sluggish demand from key markets have dragged on textile exports this year. Vietnam’s exports of textiles and garments are projected to increase by 7 percent this year to $29 billion, according to Vinatex, the country’s top textiles manufacturer, far below the trade ministry’s previously-targeted $31 billion and the lowest growth […]

Retail Asia27/12/2016

Domestic textile enterprises and logistics service providers should work together to reduce costs and improve their competitiveness, according to experts. Nguyễn Tường, Vice Chairman of the Việt Nam Logistics Association, said the textile industry needs to import raw materials from abroad and export products to foreign markets. Working together, many enterprises could purchase raw materials […]

Retail Asia12/12/2016

More than 100 textile industry stakeholders, among them apparel brands, NGOs, trade union representatives and suppliers, recently attended H&M’s Fair and Equal conference in Yangon, Myanmar. Key note speeches from the ILO’s development partner relations coordinator Peter Rademaker, Impact’s founder and director Rosey Hurst and H&M Group’s head of sustainability Anna Gedda, were followed by […]

Retail Asia12/11/2016

The government plans to take firm action against illegal imports of textile and textile products as these have been hindering business and impacting ind ustrial growth in the manufacturing sector. “We will take firm action against importers who have so far misused facilities to avoid official levies by the government,” Finance Minister Sri Mulyani said […]

Retail Asia27/03/2016

India is rising, not only as a new choice of relocating labour-intensive industries from China, but also as a retail market of good potential, says a research report by The Hong Kong Trade Development Council (HKTDC). In recent years, the sustained rise in production costs on the Chinese mainland has eroded the profit margins of […]

Tag: Textile

Textile and garment industry undergoes restructuring

Indonesia`s exports of textile and textile products growing

Vinatex and Itochu sign strategic co-operation agreement

Vietnam’s textile exports fray to 10-year slump in 2016

Vietnam textile firms need to up ties

H&M stages Myanmar textile conference

Government to take firm action against illegal textile imports

Hong Kong textile cos eye Make in India to cut costs