Search Results for: Vietnamese

VIETNAM’S plans to undertake a major expansion of its textile, texting finishing and fibre production sector were a key focus of an International Exhibition on Garment Manufacturing Equipment and Fabric, held in Ho Chi Minh City from July 11-13. WTiN.com attended the conference, where 125 exhibitors from 17 countries and regions showcased a range of garments, leather and footwear, and other industry products.…

VIETNAM’S trade ministry is targeting Africa as an export market for its textile production, encouraging fabric manufacturers to follow Vietnamese clothing companies in successfully scoring sales in this fast developing continent. The African, south Asian and east Asian trade department at Vietnam’s ministry of industry and trade (MOIT) has been promoting the potential of these markets in recent months at conferences and trade shows, stressing that Africa holds some of the greatest export potential for Vietnamese manufacturers.…

THE WORLD Bank has approved a USD55.62 million aid programme in Vietnam, that will as a priority develop traditional health care medicines in the country. Under the 2014-8 scheme, the World Bank will funnel money through the Vietnamese government to build the administrative and policy-making capacities of key medicine development bodies.…

THE AMERICAN textile and apparel industry is concerned the Trans-Pacific Partnership (TPP) negotiations will not be completed this year as originally expected, Julie Hughes, president of the US Association of Importers of Textiles and Apparel, told just-style.com.

“Most observers from industry are sceptical that the entire agreement can come together in the next six months,” she said.…

AN ALLEGED leader of a USD200 million international data fraud ring has been charged in a US court with committing bank fraud, while he sits in a Vietnamese jail. Duy Hai Truong, 23, of Ho Chi Minh City, Vietnam, was arrested on May 29, after an investigation involving the US Federal Bureau of Investigation, Britain’s Serious Organised Crime Agency (SOCA) and Vietnamese police.…

Vietnam’s clothing and textile sector has failed to secure a comprehensive breakthrough settling disputes over the planned Trans-Pacific Partnership (TPP) yarn-forward rule during negotiations held both in Vietnam (May 12 to 15) and in Singapore (May 19 to 20). There was no deal on the controversial “short-supply list” proposals regarding exceptions to the TPP’s yarn-forward provisions, which stipulate that textiles are made with materials from TPP member countries in order to receive tax-free import benefits in TPP markets.…

INCREASED competition and a weakened global economy have not dimmed expectations for Vietnam-based knitwear exporters, with two major trade deals looming, able to guarantee duty free exports to the US and the European Union (EU). They will also remove non-tariff barriers impeding trade, boosting optimism amongst established exporters of quality Vietnam-made knitwear.…

WHILE it is always sensible to handle reports emerging from North Korea with care, it appears undeniable that the country does manufacture cosmetics and other personal care products and could, if current hopes of liberalisation are ultimately realised, become a new market for international players.…

WITH the global hunt for new rare earth reserves intensifying, claims from North Korea that its prospectors have identified 20 million tonnes of rare earth metal reserves have raised more interest than most statements from this isolated communist state.

Such statistics are usually taken with a pinch of salt, but around the same time South Korea’s Bank of Korea released data suggestion its northern neighbour had mineral deposits – including rare earths – worth around USD6 trillion.…

BY HELEN CLARK, IN HANOI

Investors often hold their noses about corruption in emerging markets. But countries such as Vietnam attract even more investment if they were cleaner. Helen Clark reports from Hanoi.

VIETNAM in the past 12 months appears to have embarked on a house-cleaning exercise, with police arresting a series of executives for a range of financial offences.…