Search Results for: Vietnamese

SOURCING in Asia has been a merry-go-round for many buyers in recent years. As the era of low-cost Chinese manufacturing draws more or less to a close, several countries have leveraged their low cost labour to capture a significant volume of the world’s lower end knitwear manufacturing, while others have sought to extend their reach into higher value-added manufacturing by investing in infrastructure and training.…

SOURCING in Asia has been a merry-go-round for many buyers in recent years. As the era of low-cost Chinese manufacturing draws more or less to a close, several countries have leveraged their low cost labour to capture a significant volume of the world’s lower end knitwear manufacturing, while others have sought to extend their reach into higher value-added manufacturing by investing in infrastructure and training.…

A former executive of Vietnam’s largest bank by capital is beginning a life term in jail after admitting to a near Vietnamese dong VND4 trillion fraud (USD190 million).

Huynh Thi Huyen Nhu, 36, was sentenced this week after she faked company stamps and forged signatures to steal from companies, banks and private persons, who made loans and deposits with Vietnam Joint-Stock Commercial Bank for Industry and Trade (VietinBank) on the promise of very high interest rates.…

BY ROBERT STOKES

A former executive of Vietnam’s largest bank by capital is beginning a life term in jail after admitting to a near Vietnamese dong VND4 trillion fraud (USD190 million).

Huynh Thi Huyen Nhu, 36, was sentenced this week after she faked company stamps and forged signatures to steal from companies, banks and private persons, who made loans and deposits with Vietnam Joint-Stock Commercial Bank for Industry and Trade (VietinBank) on the promise of very high interest rates.…

WITH the 2015 deadline approaching for the establishing a common market within the Association of Southeast Asian Nations (ASEAN), Indonesian textile manufacturers need professional competency standards to be harmonised across the 10 member countries, according to the country’s peak textiles association.…

THE LAST few years have brought significant changes to the apparel sourcing landscape in Asia. The era of Chinese low-cost apparel manufacturing is well behind us, and several countries have stepped up to claim their part of the manufacturing pie.

Apparel industry analysts say that although China’s dominance continues, a clear segmentation in Asia is now taking place.…

WITH the 2015 deadline approaching for the establishing a common market within the Association of Southeast Asian Nations (ASEAN), Indonesian textile manufacturers need professional competency standards to be harmonised across the 10 member countries, according to the country’s peak textiles association.…

WHILE American textile producers fear the potential impact of the planned Trans-Pacific Partnership (TPP) regional free trade agreement, it is smaller and medium-sized Vietnamese producers who really need to be worried. That is the view of

Chris Walker, marketing manager for Thai Son S.P.…

ORGANISERS of the 13th Vietnam International Textile & Garment Industry Exhibition last week (October 24 to 27) noted a surging attendance, but some visitors suggested a broader range of exhibitors could pay dividends.

Staged at Ho Chi Minh City’s Tan Binh Exhibition & Convention Centre, the event brought 210 textile machinery and fabric and accessories exhibitors from 10 Asian countries into contact with an estimated 10,000 visitors.…

Vinamilk (Vietnam Dairy Products Joint-Stock Co.), Vietnam’s largest dairy producer, has announced plans to open a dairy plant in neighbouring Cambodia by July 2015.  

Vinamilk will hold a 51% stake of the 2.7-hectare plant in the capital Phnom Penh through a joint venture scheme with an as yet unnamed Cambodian partner.…