Vinatex

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Insights

The Flanarant: Moving forward on backward linkages

The term 'backward linkages' - used by commentators a decade ago to describe clothing factories with spinning, weaving and dyeing facilities...

Is supplier liquidity the next sourcing challenge

For many in the global garment supply chain the recession that 's been hanging over the West has scarcely caused a dent in most Asian countr...


Backed by a strong retail environment and growing consumer awareness of fashion and trends, Vietnam's domestic apparel market grew by 9% in 2010 to reach VND39,911bn (US$2.1bn), according to Magdalena Kondej, head of apparel research at Euromonitor International.


just-style.com | 22 Apr 2008

The global credit crisis isn’t creating huge collapses in retail sales, says Mike Flanagan, despite numerous reports to the contrary. He believes retailers’ profits are under pressure because sales aren’t growing as fast as most business plans required. More significantly, though, emerging markets are transforming their manufacturing industries in response.


just-style.com | 8 Aug 2007

Vietnam plans to double the value of its textile and clothing exports from US$4.8bn in 2005 to US$10bn by 2010, according to a new report by Textiles Intelligence. At the same time it hopes to double the number of people working in the industry from 2m to 4m.


just-style.com | 30 Apr 2007

Since Vietnam’s accession to the WTO at the beginning of this year, investors have been queuing up to take advantage of the country’s low costs and free trade status. However, one dark cloud on the horizon is the decision by the Bush administration to monitor and possibly self-initiate anti-dumping cases against US apparel imports from Vietnam, as Jozef De Coster reports from Ho Chi Minh City.

Latest News

Michelle Russell | 11 Oct 2017

Vietnam's textile and apparel industry has opposed a proposed 6.5% minimum wage increase from the beginning of next year, saying the move will reduce competition, shift the labour structure and prevent expansion.


Hannah Abdulla | 5 Sep 2017

Vietnamese textile and garment group Vinatex has said it will consider using Armenian companies with established distribution networks in the European Union (EU) and Russia for production opportunities.


Michelle Russell | 14 Feb 2017

Vietnam's apparel sector must "seriously analyse and assess" its market performance and business prospects if it is to remain competitive, after the country's garment industry body revealed exports missed the target set for 2016.


Michelle Russell | 17 Jan 2017

The Vietnam National Textile and Garment Group (Vinatex) has signed a co-operation agreement with Japanese conglomerate Itochu Corp in a move expected to help develop a change in production method and the joint development and supply of textile items for the global market.


Michelle Russell | 26 Sep 2016

The Vietnam National Textile and Garment Group (Vinatex) has inaugurated a new US$5.7m garment factory, located in the central province of Ngh? An.


Michelle Russell | 25 Apr 2016

The state-run Vietnam National Textile and Garment Group (Vinatex) has opened an office in Ho Chi Minh City in the south of the country to accelerate the implementation of several major projects and help prepare for the Trans-Pacific Partnership (TPP) free trade agreement.


Michelle Russell | 10 Feb 2015

Vietnam National Textile and Garment Group (Vinatex) has signed a memorandum of understanding with Japan's Itochu for the development of new projects and textile dyeing and finishing materials in Vietnam.


Michelle Russell | 5 Jan 2015

Vietnam's textile and garment exports amounted to over US$24bn in 2014, an increase of 19% on the prior year, with apparel accounting for the lion's share.


Michelle Russell | 3 Dec 2014

Vietnam's garment and textile export turnover is likely to reach US$24.5bn in 2014, an increase of over 19% on last year - and the largest rise in three years - new figures show.


Ngo Tuan | 6 Oct 2014

Vietnam's textile and garment exports are continuing to surge as both producers and buyers diversify their supply chains.


Michelle Russell | 24 Sep 2014

The Vietnam National Textile and Garment Group (Vinatex) has raised VND1.22trn (US$58m) through its initial public offering, which took place yesterday (23 September).


Michelle Russell | 22 Jul 2014

The Vietnam National Textile and Garment Group (Vinatex) has met with the Vietnam Oil and Gas Group (Petrovietnam) to discuss cooperation in the production and supply of polyester fibres to the textile industry.


Michelle Russell | 15 Jul 2014

The Vietnam National Textile and Garment Group (Vinatex) has extended the date for its initial public offering by two months to give investors more time to evaluate the firm's performance.


Michelle Russell | 3 Jul 2014

The Vietnam National Textile and Garment Group (Vinatex) is hoping a planned initial public offering will help boost earnings and allow it to invest further in the business.


Michelle Russell | 3 Jul 2014

The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.


Ngo Tuan | 22 Apr 2014

Vietnam's textile and clothing exports jumped 21.9% year-on-year in the first quarter of 2014 to reach $4.53bn, according to the country's General Statistics Office.


Michelle Russell | 9 Apr 2014

Spanish sustainable textile technology firm Jeanologia is building its partnership with the Vinatex group with the aim of making Vietnam a global centre of excellence in the production of jeans.


Michelle Russell | 2 Apr 2014

The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.


Katie Smith | 21 Jan 2014

The Bank for Investment and Development of Vietnam (BIDV) has signed a US$600m finance agreement with the Vietnam Textile and Garment Group (Vinatex) for 2014-2016.


Leonie Barrie | 9 Jan 2014

Vietnam's textile and garment exports surged by 19% in 2013 - exceeding the $20bn mark for the first time and ensuring the sector remains the country's largest foreign currency earner.


Ngo Tuan | 9 Jan 2014

The Vietnam National Textile and Garment Group (Vinatex) plans to start construction of a new VND2.2 trillion (US$104m) vertical textile and garment complex at the end of the first quarter of 2014.


Katie Smith | 13 Aug 2013

The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.


Ngo Tuan | 9 Jul 2013

Vietnam's textile and garment exports have risen by 16.8% in the first half of the year to $7.98bn, fuelled by strong demand in all major markets.


Katie Smith | 21 Jan 2013

The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.

Latest blogs

Michelle Russell | 10 Dec 2014

Ethiopia may have more trump cards to play than any other sub-Sahara African country when it comes to developing a competitive cotton, textile and garment supply chain, but it still has a rough road ahead. Indeed, Ethiopia's growth as a garment exporter will be slower and more difficult than the government and local textile organisations predict.

just-style homepage



Forgot your password?