Latest Insights

Vietnam garment workers rely on excessive overtime 11 Apr 2019

Global apparel brands need to redouble efforts to make fair wages a reality without excessive overtime, a new report says, amid claims full-time wages for workers in Vietnamese garment factories are not enough to meet their basic needs.

Sportswear firms facing skills gap on future technologies 17 Dec 2018

With manufacturing technology advancing at an ever-faster pace, sports apparel and footwear companies need to constantly look for ways to embrace new techniques to compete in an ever-changing landscape, an international industry meeting has been told.

Can Vietnam reach its apparel export potential? 24 May 2018

Vietnam’s clothing exports have surged over the past decade, and the country is widely seen as the ‘next China’ for apparel sourcing. But despite optimism for further expansion under the upcoming CPTPP and EVFTA trade pacts, buyers should instead prepare for limited growth.

Where next for minimum wages in Cambodia and Vietnam? 27 Sep 2017

Cambodia's tripartite talks that will set a new minimum wage limit for 2018 for the country's garment and textile sector opened this week, as Vietnam pay discussions are also moving ahead.

Vietnam grows share of US apparel imports in 2016 17 Feb 2017

Falling prices and an industry focus on specialisation and increasing value added have all helped Vietnam increase its share of US imports over the last year.

Latest News

Kraig Biocraft takes next steps in Vietnam 21 May 2019

Kraig Biocraft Laboratories, the developer of spider silk based fibres, has announced its subsidiary Prodigy Textiles has officially taken possession of its factory in Vietnam.

Kraig Biocraft to expand Vietnam spider silk production 9 May 2019

Kraig Biocraft Laboratories, the developer of spider silk based fibres, is to expand its production footprint in Vietnam after signing a new five-year lease on a factory through its subsidiary Prodigy Textiles.

Vietnam footwear and clothing exports grow in April 8 May 2019

Vietnam's textiles, garment and footwear exports have risen 7.1% year-on-year in April to US$2.3bn, according to new data from the country's Ministry of Industry and Trade (MOIT).

Vinatex confirms 2018 sales and profit growth 1 May 2019

Vietnam National Textile and Garment Group (Vinatex) has announced its official 2018 financial results, confirming a 16% growth in pre-tax profits to VND41.4trn (US$1.7bn).

Seidensticker Group opens second Vietnam production plant 30 Apr 2019

Shirt producer the Seidensticker Group has opened a second company-owned production plant in Vietnam to meet "constantly increasing" demand for sustainably produced goods.

Vietnam's MXP invests US$16m to expand production capabilities 26 Apr 2019

One of Vietnam's leading apparel manufacturing and exporting companies, MXP JSC (Manufacturing Sportswear Joint Stock Co) is investing US$16m in a seventh factory, which will be equipped with advanced production technology to increase scale and output.

Vietnam textile & garment exports rise 13.3% in Q1 2 Apr 2019

Vietnam's textile and garment exports have risen 13.3% to US$7.3bn for the first three months of the year.

IFC Vietnam programme helps factories to clean up 23 Jan 2019

The International Finance Corporation(IFC) has revealed some of the energy and water consumption savings that have been made so far under the Vietnam Improvement Program (VIP) launched in the country's apparel, textile, and footwear sector in 2016.

Vietnam eyes 2019 garment export growth to US$40m 22 Jan 2019

Vietnam's textile industry is eyeing export growth to US$40m in 2019, a rise of 10.8% on the year before – thanks to the highly competitive nature of the Vietnamese products and higher investments in the textile and dyeing industry.

Vinatex focusing on further growth in 2019 18 Jan 2019

The Vietnam National Textile and Garment Group (Vinatex) is eyeing a 6-8% rise in exports and a 12% growth in annual profit for the year ahead on the back of strong growth in 2018 and the expected shift in business away from neighbouring China.