Vinatex

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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.


Global news roundup Petah Marian | 12 Dec 11

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: Thanh Cong Textile swings to Q3 loss Ngo Tuan | 11 Nov 11

Vietnam's leading garment manufacturer Thanh Cong Textile Garment (TCM) has swung to a third quarter loss of VND756m (US$36,000) despite a slight 0.9% rise in revenue.


Global news roundup Petah Marian | 31 Oct 11

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: Garment exports up 32% in first nine months Ngo Tuan | 5 Oct 11

Vietnam's textile and garment exports in the first nine months of this year were 32% higher than the same period last year, the latest data from the Ministry of Industry and Trade shows.


Global news roundup Leonie Barrie | 30 Sep 11

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.


THE FLANARANT: Is supplier liquidity the next sourcing challenge? Mike Flanagan | 11 Aug 11

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 countries' growth. But it now looks as if many in Asia are about to be hit by a new problem - a serious liquidity crisis among many textile and garment businesses.


VIETNAM: Produces first polyester fibre, to add spinning Ngo Tuan | 26 Jul 11

Vietnam's textile industry has reached a strategic milestone after the Dinh Vu Polyester Fiber Plant produced the country's first batch of polyester synthetic fibre (PSF) - while plans are also underway to begin production of a new spinning plant.


FOCUS: Vietnamese consumers find their passion for fashion Euromonitor International | 25 Jul 11

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.


Global news roundup just-style.com | 8 Jul 11

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: H1 textile and garment exports soar 30% Ngo Tuan | 4 Jul 11

Vietnam's textile and garment exports turnover reached $6.16bn in first six months 2011, a year-on-year rise of 30% and the industry's strongest growth in four years.


VIETNAM: Marubeni signs US$37.5m supply contract Ngo Tuan | 27 Jun 11

Japan based Marubeni Corp has signed a contract worth more than US$37.5m supplying raw materials for Vietnam's Dinh Vu polyester fibre plant in the northern port city of Hai Phong, including 18,000 tones PTA and 9,000 tones MEG.


VIETNAM: Lagardere Active expands into Vietnam Ngo Tuan | 14 Jun 11

Phuoc Long Joint Stock Co (PLI) has signed a licensing agreement with French manufacturer Lagardere Active to produce and sell its fashion brand Elle in Vietnam.


VIETNAM: Vinatex unit builds new polyester plant Ngo Tuan | 11 Mar 11

Nha Trang Textile (Nhatexco), a subsidiary of Vietnam National Textile and Garment Group (Vinatex), has broken ground on a new polyester fibre plant in Vietnam.


VIETNAM: Vinatex posts 23% rise in exports Ngo Tuan | 17 Jan 11

Vietnam National Textile and Apparel Group (Vinatex) made US$2.1bn in exports turnover for fiscal 2010, representing a year-on-year increase of 23%.


VIETNAM: Textile and apparel exports soar 22% in 2010 Ngo Tuan | 5 Jan 11

Vietnamese textile and apparel exports soared 22% to US$11.17bn in fiscal 2010 - far exceeding the government's target of $10.5bn.


VIETNAM: Japan’s Marubeni to invest in garment production Ngo Tuan | 22 Dec 10

Japanese trading firm Marubeni Corporation is seeking to collaborate with Vietnamese manufacturers to set up new garment production facilities to make garments for export to its home market.


VIETNAM: Textile and garment exports rise 17.2% in first half Ngo Tuan | 6 Jul 10

Textile and garment exports from Vietnam increased 17.2% to US$4.8bn in the first half of the year, thanks to strong recovery in the US market.


VIETNAM: First eco-textiles lab opened up Ngo Tuan | 23 Apr 10

An eco-textile testing laboratory has opened in Hanoi, Vietnam, for the development of local products by a textiles research unit of the Vietnam National Textile and Appreal Group (Vinatex).


VIETNAM: Vinatex opens first high-quality suit plant Ngo Tuan | 12 Apr 10

Retailers including Marks & Spencer and C&A are among customers of a new suit plant that has just opened in Vietnam, which is also said to be the country's first high quality suit factory.


VIETNAM: Export orders show promise for year ahead Ngo Tuan | 6 Apr 10

The Vietnam Textile and Apparel Association (Vitas) has posted an optimistic outlook for the year ahead, saying local firms have signed so many contracts they will have export orders until the third quarter at least.


VIETNAM: Two textile parks to boost local fabric production just-style.com | 29 Jan 10

The Vietnam National Textile and Garment Group (Vinatex) plans to build two large industrial parks specialising in textiles and dyeing in the Mekong Delta province of Tra Vinh and the northern province of Thai Binh.


VIETNAM: Vinatex to invest US$198m in cotton just-style.com | 29 Jun 09

Vietnam National Textile and Garment Group (Vinatex) is to invest VND3,500bn (US$198m) into cotton plantations between 2009 and 2020 in a bid to restore the country's industry.


VIETNAM: Cotton processing plants shut as supplies dry up just-style.com | 19 Dec 08

Three cotton processing plants in Vietnam's Central Highland region have been forced to shut down because they have not got enough cotton raw materials for production, said the country's National Textile and Garment group Vinatex.


ANALYSIS: Has the retail boom gone bust? just-style.com | 22 Apr 08

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.


VIETNAM: Vinatex inks deal to set up polyester fibre plant just-style.com | 27 Mar 08

The state-owned Vietnam oil and gas corporation, PetroVietnam, and the Vietnam National Textile and Garment Group (Vinatex) have signed a deal to build the country’s first polyester fibre plant, according to local news reports.


VIETNAM: Vinatex to complete privatisation this year just-style.com | 25 Jan 08

The Vietnam National Textile and Garment Group (Vinatex) is to complete its privatisation during 2008, with an IPO slated for the end of the year or the beginning of 2009.


VIETNAM: First polyethylene fibre facility planned just-style.com | 23 Jan 08

Vinatex is looking to build the first polyethylene (PE) fibre plant in Vietnam, to serve domestic textile and apparel producers.

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