Latest Insights

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.

Business as usual for Vietnam sourcing without TPP 12 Dec 2016

Vietnam's clothing and textile industry has been assessing the impact of losing a huge anticipated garment export boost under the Trans-Pacific Partnership (TPP) now that US president-elect Donald Trump has promised to sign an executive order pulling out of the 12-nation trade deal.

Will new Vietnam wage hinder competitiveness? 19 Oct 2016

Vietnam's National Salary Council may have agreed to increase the country-wide minimum wage next year by the smallest proportion in a decade, but the country's clothing manufacturers are still warning this will be a hike too far.

Latest News

Hyosung gets green light for Vietnam facility 6 Sep 2018

South Korean fibre giant Hyosung has been given the green light to build a US$1.2bn complex in Vietnam in a move aimed a solidifying its presence in the country.

Huntsman opens Vietnam formulations facility 23 Aug 2018

Chemicals manufacturer Huntsman Corporation has opened a a multi-purpose facility in Vietnam where it will manufacture formulated systems for footwear.

Kraig Biocraft accelerates Vietnam silk production plan 25 Jul 2018

Kraig Biocraft Laboratories, the developer of spider silk-based fibres, is to advance its production ramp-up plan for Prodigy Textiles following meetings with senior Vietnamese officials.

Vietnam clothing and textile exports climb in H1 19 Jul 2018

Vietnam saw its textile and garment exports grow more than 14% in the first half of 2018 thanks to strong growth in the majority of its markets.

Social dialogue gets boost in Vietnamese garment sector 16 Jul 2018

Social dialogue in Vietnam's apparel and textile industry has been given a new stimulus with the signing of a long-term agreement between a number of labour groups.

Kraig Biocraft signs MoUs for Vietnam silk production 13 Jul 2018

Kraig Biocraft Laboratories, the developer of spider silk-based fibres, has signed three agreements with farming cooperatives in Vietnam to produce the mulberry necessary to support its production in the country.

Higg Index to boost Vietnam garment sector 13 Jul 2018

The Vietnam Textile and Apparel Association (VITAS), the Sustainable Apparel Coalition (SAC) and Hong Kong-based garment firm TAL Group are to introduce the Higg Index in the country’s textile and garment industry.

Kraig Biocraft opens first Vietnam subsidary facility 11 Jul 2018

Kraig Biocraft Laboratories, the developer of spider silk-based fibres, has hailed the opening of Prodigy Textiles' new facility in Vietnam.

ISA TanTec to set up second tannery in Vietnam 6 Jul 2018

Leather supplier ISA TanTec is to set up its second tannery in Vietnam in response to increased demand from its customers.

EU-Vietnam trade pact edges closer to ratification 27 Jun 2018

The EU-Vietnam trade agreement (EVFTA) is moving closer to ratification after the two sides formally concluded a legal review of the document and completed discussions on an Investment Protection Agreement (IPA).