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# Vietnam Apparel Industry

Vietnam aims for 6.5-7% growth in textile & apparel export

The textile and garment industry in Vietnam has set a target of 6.5-7 percent to US $30 billion this year. This was announced by Le Tien Truong, General Director of Viet Nam National Textile and Garment Group (Vinatex), a Vietnamese state-owned textile company. The industry experts in Vietnam are expecting to reach this target due to growth in the US economy and in consumption in the market. Such conditions would bring cheer to garment industry […]

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TPP won’t affect Vietnam T&C exports to USA: VITAS

Vietnam’s textile & garment export turnover to the USA would increase by 30-40 per cent in the first year of the TPP agreement implementation and would increase by twofold after three to four years. Truong Van Cam, Secretary General, VITAS is sure of Vietnam’s T&C exports to the US increasing, with or without TPP. In the month of October last year, Vietnam exported US $ 9.476 billion of T&C products to the US. Analysts estimate that […]

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Hop Lun Vietnam to set-up new factory

Apparel manufacturer Hop Lun Vietnam Company Limited recently kicked off the construction of a garment factory in the northern province of Vinh Phuc, Vietnam. Sprawling over an area of 9.7 hectares in Van Quan and Dinh Chu communes of Lap Thach district, Vietnam, the plant is expected to employ 2,500 workers once operational, thus helping locals increase their incomes and boosting the province’s social-economic development. The new facility projects to earn nearly US $ 38.2 million from […]

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Vietnamese apparel manufacturer to halt operations from next year

Phú Thịnh-Nhà Bè Garment Joint Stock Company, a Vietnam-based apparel manufacturer has decided to halt its apparel manufacturing business from early next year. The decision has been taken to overhaul its operations which have been declining since 2012 due to unstable material sources, rising costs and a shortage of labour which has resulted in ineffective operations. It may be noted that company’s net profits dropped to over VNĐ 2 billion in 2016 from VNĐ 7.5 […]

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Vietnam Government urges VINATEX to promote R&D

CAO Quốc Hưng, Deputy Minister of Industry and Trade has urged Vietnam National Textile and Garment Group (VINATEX) to promote research and development (R&D) activities and apply technology in garment production to offer value-added products, at a recent conference held to review VINATEX business results in 2016, in Hanoi, Vietnam. The Minister also requested VINATEX to ensure that there are no negative effects on the environment. In 2017, the Group expects a rise of 12 […]

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Vietnam International Fashion Fair 2016 begins

The ongoing Vietnam International Fashion Fair 2016 at Hanoi’s International Centre of Exhibition, Vietnam is witnessing more than 150 enterprises showcasing their latest fashion products. Co-organised by Vietnam Exhibition and Fair Centre JSC (VEFAC) and Vietnam Textile and Garment Group, the six-day event is hosting over 200 booths covering 4,000 sq. m. displaying textiles and garments, footwear and many more segments. The event is a promising opportunity for participating enterprises to effectively advertise their products to […]

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Vietnamese T&C sector to face challenges even in 2017!?

Textile and garment sector of Vietnam will continue to face challenges even in 2017 due to fierce competition by other major exporters such as China, India, Bangladesh and Pakistan while global demand is forecasted to slow down, reports a local Vietnamese news agency. Le Tien Truong, General Director, National Garment and Textile Group (VINATEX) averred that the textile and garment exports to the US and the EU will also be under negative impact owing to […]

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Exhibitors gear up for 16th edition of VTG

Vietnam is not only a big but also a growing apparel manufacturing destination. However, it lacks the import of domestically produced yarns, fabrics and trims. To bring the vendors to garment manufacturers, Vietnam International Textile and Garment Industry Exhibition (VTG) organizes an exhibition every year that attracts hundreds of exhibitors from across the globe. At the current show (16th edition), slated to be held from 23-26 November 2016, about 250 exhibitors at 550 booths from […]

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Vietnamese businesses know less about TPP than foreign counterparts

Vietnam has become the centre of attraction for the global garment industry with both investors and buyers looking at the country in a new light…, and what has made the difference is the recently signed 12-nation Trans-Pacific Partnership (TPP) Agreement, which gives duty-free access to signatories in markets like the US, Canada, Japan, Latin America and Australia which are big markets for the apparel retail business. Though Vietnam already has a significant presence in garment […]

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VITAS urges Government to devise new strategy for T&C sector

In the wake of obsolete vision to achieve US $ 20 billion by 2020 when the figures had already exceeded US $ 27 billion in 2015 itself and is expected to achieve US $ 31 billion by the end of this year, Vietnam Textile and Garment Association (VITAS) has suggested the Government to review and revise the development plan for the country’s T&C industry. “The Government should make use of Vietnam’s demographics where the working […]

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Made in Vietnam 2016: Fashion Colloquia Review

RMIT University Vietnam in Ho Chi Minh City played host to 300 global guests from Australia, New Zealand, UK, USA, Hong Kong, Singapore, Thailand, Ethiopia and others during a fashion colloquia from the 5th to 7th July 2016. Weaving together creativity, commerce and education topics, the event was part of the Fashion Colloquia series started in 2012. Keynote presentations, panel discussions, excursions to garment factories, exhibits, student workshops, a T-shirt making competition, film screening, and […]

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The cultural fibre of Vietnam and its influence on the manufacturing industry

If one were to describe a typical Vietnamese shopfloor, its disciplined operators and their attention to smallest of the details in the most complicated of the garments, is what catches the eye. Those who visit a Vietnamese factory for the first time are amazed to find that the production floor has only one end-line quality checker and no in-line quality checks that interrupt the process, as is the case in most other production destinations.  A […]

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Vietnam Textile and Apparel Association looking for collaborative growth

Vietnam has been doing exceedingly well in garment exports, shipping US $ 27 billion worth of products in 2015 and is all set to overtake Bangladesh as the biggest exporter from Asia after China. The new thrust created by the expectation of increased business post TPP and the signing of the impending trade agreement with the European Union is palpable in the industry. In an exclusive interaction with Apparel Online, Nguyen Dinh Truong, Vice Chairman, […]

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Vietnam explores opportunities in denim with the first ever denim show in the country

A country that has really captured the attention of the global apparel trade in the last one year, Vietnam registered exports worth US $ 27 billion in 2015 with target to cross US $ 30 billion in 2016! The amazing growth story of Vietnam is supported by many factors working to its advantage from a very disciplined and productive workforce to the adaptability and flexibility of production units to do small runs and complicated styles. […]

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Vietnam – Lectra’s next destination

Lectra, the world leader in integrated technology solutions dedicated to industries using fabrics, leather, technical textiles and composite materials, has announced opening of its new subsidiary in Vietnam, the fast emerging garment manufacturing destination, to aid the budding industry in upgrading their manufacturing technologies. Daniel Harari, Lectra CEO avers, “Thanks to 5.5 per cent growth in the first quarter of 2016, Vietnam is one of Southeast Asia’s most dynamic economies. It is a top choice […]

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