Search Results for: Vietnamese
10 results out of 247 results found for 'Vietnamese'.
SOURCING OF ECO-FRIENDLY TEXTILE PRODUCTS NOW EASIER FOR VIETNAM’S GARMENT MANUFACTURERS
VIETNAM’S textile industry is being urged to adopt “cost effective and readily available” eco-friendly technologies to enhance its green credentials and reduce both production costs and air pollution.
The US Agency for International Development (USAID) Vietnam Low Emission Energy Programme (V-LEEP) and the Vietnam Textile and Apparel Association (VITAS) have joined forces to encourage environmental good practice in the industry.…
VIETNAM TEXTILE AND GARMENT OFFICIALS CELEBRATE STRONG EXPORT YEAR, SETTING BAR HIGHER FOR 2018
Vietnamese textile and garment industry officials have capped a bumper 2017 with forecasts for further robust export growth this year if it can overcome challenges from neighbouring country textile sectors by investing in skills, equipment and automation.
Le Tien Truong, general director of the Vietnam National Garment and Textile Group (Vinatex), predicting a year-on-year increase of 10% in export value, to USD34 billion, from 10.23% annual growth in 2017 when exports totalled USD31 billion.…
VIETNAM’S FREE TRADE AGREEMENTS SPUR HEALTHY TEXTILE INDUSTRY
NEW Free Trade Agreements (FTAs) signal a promising outlook for the Vietnamese textile industry with tariff concessions providing the biggest stimulus to figures, according to the country’s trade officials.
Attendees at the 17th Vietnam International Textile & Garment Industry Exhibition, held late last month (November 22-25th) in Ho Chi Minh City, heard the deals will impact significantly on the national textile sector.…
CASH-BASED ECONOMY OFFERS POTENTIAL RICH PICKINGS IN VIETNAM AS REGULATIONS STRUGGLE TO KEEP THE LID ON ISSUES
AS a developing country with a fast-growing, cash-based economy, Vietnam presents strong potential for money laundering and other financial crimes. Weak regulations and poor governmental oversight of the financial sector add to the challenges the country faces in combatting financial crimes.…
SINGAPORE ADOPTS WHOLE-GOVERNMENT APPROACH TO FIGHT MONEY LAUNDERING
IT is no surprise that Singapore has a significant exposure to money laundering and terrorist finance. It is one of the world’s largest financial centres, a major free-trade hub and has neighbours where corruption and Islamic extremist insurgent groups remain are real threats.…
VIETNAM’S HANDMADE TEXTILES PRESENT NEW OPPORTUNITIES FOR FOREIGN BUYERS
HIGH-END internationally-focused brands are seeking out Vietnam’s traditional artisans to source orders of high-quality, handmade textiles, moving away from the low-cost, mass-produced materials often associated with the country’s textile and garment industry.
These labour-intensive products include indigo-dyed fabrics, hand-woven textiles, and lacquer silk, all of which are created using traditional methods by skilled craftspeople.…
VIETNAM: A PROMISING START-UP NATION BUT MUST TACKLE HR HEADACHES FIRST, SAY EXPERTS
A NUMBER of critical human resources hurdles need to be overcome if Vietnam is to reach its goal of one million successful start-up enterprises by 2020, experts have warned.
Vietnam aims to become a key start-up nation in the Asia-Pacific Economic Cooperation (APEC) region.…
EU-VIETNAM TRADE AGREEMENT WILL BOOST TEXTILE TRADE, CLAIM EXPERTS
THE EUROPEAN Union (EU)-Vietnam Free Trade Agreement (FTA), on which negotiations concluded December 2, 2015, will open up “huge business opportunities” for Vietnamese garment companies, business experts agreed last month (September). They were speaking at an event jointly organised by EU business federation BusinessEurope, EuroCham [European Chamber of Commerce] Vietnam and the EU-Vietnam Business Network.…
VIETNAM TEXTILE EXPORTERS LOOK TO ASIA TO BOOST SALES
VIETNAM’S textile and clothing and textile sector is looking to sell more product into Asian markets such as South Korea, Taiwan, Singapore and Japan, while solidifying its traditional export bases like the US and EU, the latest trade data indicates.
Last year, Vietnam exported USD2.28 billion’s worth of clothing and textiles to South Korea – a 7.45% gain compared with 2015, according to Vietnam customs data analysed by the Vietnam Textile and Apparel Association (VITAS). …
CAMBODIA LAUNCHES KEY MINIMUM WAGE TALKS AS VIETNAM PAY DISCUSSIONS MOVE AHEAD
CAMBODIA’S tripartite talks that will set a new minimum wage limit for 2018 for the country’s garment and textile sector opened yesterday (Sept 25).
The three parties, representing government, industry and unions, however proposed three different monthly wage floors. Cambodia’s ministry of labour and vocational training suggested a minimum clothing and footwear sector monthly wage of USD162.67 and the Garment Manufacturers Association in Cambodia proposed USD161 – but unions have pushed for USD176.25-a-month, up from the current USD153 (and USD140 in 2016), Sokny Say, secretary general of the Free Trade Union of Workers of the Kingdom of Cambodia (FTUWKC) told just-style. …