Search Results for: Vietnam
10 results out of 862 results found for 'Vietnam'.
THAILAND-EU FREE TRADE DEAL OFFERS MUTUAL ADVANTAGES – IF AGREEMENT IS NOT ABUSED BY CHINA
Thailand has often been overshadowed as a clothing and textile outsourcing hub, given the high profile of the industries in neighbours Vietnam and Cambodia – but its output is significant and a free trade agreement (FTA) now under negotiation with the European Union (EU) could boost its exports.…
EGYPTIAN COTTON EXPORTS TO CHINA SURGE AS CHINESE SPINNERS AVOID BLACKLISTED XINJIANG FIBRES
Chinese textile and clothing manufacturers are increasingly relying on Egyptian cotton, over the past two seasons becoming Egypt’s second largest buyer of cotton, driven by the US ban on Xinjiang cotton, competitive pricing, and strong demand for luxury fibres.
“China has always been a player in Egyptian cotton, but they were never on top of the list.…
INDONESIAN GOVERNMENT LOOKS TO BOOST CLOTHING AND TEXTIE SECTOR UNDERMINED BY WEAK GLOBAL ECONOMY
The Indonesian government is looking to actively support the country’s textile and clothing industry as it faces a downturn in exports, depressed by soft economies in overseas markets facing high inflation and interest rates.
Trade has indeed fallen, said the Indonesia industry ministry, which told Just Style of a decline in both exports and imports in the first half of this year (2023), with clothing and textile exports dropping by 18.7% and imports by 19.8%.…
TUNISIA’S CLOTHING AND TEXTILE SECTOR PROSPERS, DESPITE COUNTRY’S POLITICAL DISCORD
Tunisia’s clothing and textile sector driven ahead with its near-sourcing export promotion, despite the political turmoil facing the country, where President Kais Saied has since 2019 suspended parliament, dismissed governments, imprisoned opposition leaders, undermining judicial independence and helped fuel anti-refugee and migrant violence.…
CHINA’S DENIM DIGITAL TEXTILE PRINTERS CONQUER NEW GROUND
Chinese textile companies are bringing digital textile printing into the realms of denim and yarn to replace unsustainable dyeing processes, industry observers have told Digital Textile.
‘Digital denim’ made using a computer and printer involves applying inkjet printing dyeing’ on cotton fabric to make the ‘digital denim’ fabric resembling different styles of jeans has become increasingly popular within China’s textile sector.…
FALLING DEMAND, FORCED LABOR REGULATIONS HAMMER VIETNAM’S FOOTWEAR INDUSTRY
This year, tens of thousands of workers have been laid off by footwear production factories in and around Ho Chi Minh City, the centre of Vietnam’s USD24 billion footwear export industry.
Fo example, Pou Yuen Vietnam, a Taiwanese supplier for global giants including Adidas and Reebok, let go 5,744 employees through June and July, following a round of layoffs impacting 2,358 workers in February. …
PORTUGAL TRIES TO ATTRACT FOOTWEAR CLIENTS AS A NEAR-SOURCING ALTERNATIVE TO ASIA
Portugal’s footwear industry is trying to maintain its near-shoring position as a western production hub, while attracting more business as a reliable alternative to Asian manufacturing hubs, investing in innovation, quality and sustainability.
Portugal comprises an important part of the remaining European footwear sector, which according to the World Footwear Yearbook 2023 produced just 2.7% of global output in 2022 (1).…
ASIA REGULATORY ROUND UP – CHINA IMPOSES NEW LIMITS ON IRON OXIDE PIGMENT AND TITANIUM DIOXIDE USE
China’s key government economic body has released restrictions on the use of iron oxide pigments and titanium dioxide, the most important white pigment used in the coatings industry. In July (2023), China’s National Development and Reform Commission and related departments issued an updated Notice on Issuing the Energy Efficiency Benchmark Levels and Baseline Levels in Key Industrial Fields, with 11 additional controls, including 11 key areas including titanium dioxide (TiO2).…
THAILAND PAINT SECTOR FACES EXPORT DECLINE BUT INDUSTRY STEADY AS ECONOMY GAINS TRACTION
The Thailand paint and coatings sector is expanding faster than general economic growth in Thailand, expanding sales as the country transitions from military-dominated to democratic rule.
This southeast Asian powerhouse economy is projected to grow GDP by 3.9% in 2023, up from 2.6% last year due to stronger-than-expected export demand from China, Europe, and the United States, according to the World Bank (1).…
THAILAND PAINT SECTOR FACES EXPORT DECLINE BUT INDUSTRY STEADY AS ECONOMY GAINS TRACTION
This southeast Asian powerhouse economy is projected to grow GDP by 3.9% in 2023, up from 2.6% last year due to stronger-than-expected export demand from China, Europe, and the United States, according to the World Bank (1).
Thailand’s ministry of commerce has maintained a targeted year-on-year growth for exports this year of 1%-2%, after a 5.5% gain in 2022 (2).…