Vinatex

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Vietnam textile stocks up amid TPP progress Michelle Russell | 30 Jan 18

Vietnam's textile stocks appear to have reacted positively to news the renewed Trans-Pacific Partnership (TPP) trade deal is moving forward – with the country widely expected to be one of the biggest beneficiaries of the pact.


Vietnam eyes $34bn garment export target for 2018 Michelle Russell | 4 Jan 18

Vietnam's textile and garment industry is targeting exports of US$34bn in 2018 as it looks to invest more in technology to increase productivity and shorten delivery times, and increase its focus on markets such as Australia and Russia.


Vietnam apparel sector opposes proposed wage hike Michelle Russell | 11 Oct 17

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.


Vietnam, Armenia to explore garment production opportunities Hannah Abdulla | 5 Sep 17

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.


Vietnam apparel exports miss 2016 target Michelle Russell | 14 Feb 17

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.


Itochu to help Vinatex move up the value chain Michelle Russell | 17 Jan 17

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.


Vietnam's Vinatex opens $5.7m garment factory Michelle Russell | 26 Sep 16

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.


Vinatex opens southern office to accelerate investment Michelle Russell | 25 Apr 16

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.


Vinatex and Itochu MoU to grow textiles Michelle Russell | 10 Feb 15

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.


FTAs boost Vietnam's textile and garment exports Michelle Russell | 5 Jan 15

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.


Vietnam textile and garment exports to hit $24.5bn Michelle Russell | 3 Dec 14

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.


Vietnam textile and garment exports surge 19% Ngo Tuan | 6 Oct 14

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


VIETNAM: Vinatex raises US$58m through IPO Michelle Russell | 24 Sep 14

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).


VIETNAM: Vinatex and Petrovietnam mull polyester fibre supply Michelle Russell | 22 Jul 14

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.


VIETNAM: Vinatex extends deadline for IPO Michelle Russell | 15 Jul 14

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.


Global news roundup Michelle Russell | 3 Jul 14

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.


VIETNAM: Vinatex privatisation plan could boost business Michelle Russell | 3 Jul 14

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.


VIETNAM: Textile and garment exports surge 21.9% in Q1 Ngo Tuan | 22 Apr 14

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.


VIETNAM: Jeanologia and Vinatex commit to jeans production Michelle Russell | 9 Apr 14

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.


Global news roundup Michelle Russell | 2 Apr 14

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.


VIETNAM: BIDV signs $600m Vinatex finance deal Katie Smith | 21 Jan 14

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.


VIETNAM: Textile and garment exports soared 19% in 2013 Leonie Barrie | 9 Jan 14

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.


VIETNAM: Vinatex invests $104m in vertical garment complex Ngo Tuan | 9 Jan 14

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.


Global news roundup Katie Smith | 13 Aug 13

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.


VIETNAM: Textile and garment exports up 16.8% in H1 Ngo Tuan | 9 Jul 13

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.


Global news roundup Katie Smith | 21 Jan 13

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.


VIETNAM: Textile and garment exports hit new high in 2012 Ngo Tuan | 10 Jan 13

Vietnam's textile and garment exports reached a record $17.1bn in 2012 - prompting an even higher target of $19.2bn for the year ahead.


VIETNAM: Textile, garment and footwear exports soar Ngo Tuan | 19 Oct 12

Vietnam's textile and garment exports have risen 7.4% to $11.14bn in the first nine months of this year, remaining the country's largest foreign currency earner according to Vietnam General Customs.


VIETNAM: Vinatex FY export revenues surge 20% Ngo Tuan | 13 Mar 12

The Vietnam National Textile and Garment Group (Vinatex) has seen its full-year export revenue jump 20% to US$2.3bn in 2011 - accounting for 14.7% of the country's total textile and garment shipments.


VIETNAM: Textile and garment exports soar 38% in 2011 Ngo Tuan | 6 Jan 12

Vietnam's textile and garment exports jumped 38% year-on-year in 2011 to reach a record US$15.6bn, according to the Ministry of Industry and Trade.

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