Search Results for: Korean

Vietnamese officials say that last year’s shock withdrawal by the US from the Trans-Pacific Partnership (TPP) has been overcome as Vietnam has in any case entered into 16 other bilateral and multilateral free trade agreements (FTAs).
This includes the forthcoming Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) – which includes all the TPP partners bar the USA, and the European Union-Vietnam FTA (EVFTA), creating numerous opportunities for textile-garment investors.…

THE ASIA-Pacific region has many of the elements needed to create a burgeoning nonwovens market and industry. It has growing middle class consumption of basis personal products and continued manufacturing and infrastructural expansion for industrial nonwovens. These items can be supplied my new mass-production in emerging market countries and niche lines from the region’s richer developed industrial economies.…

THE ASIA-Pacific technical textiles sector is still robust – with China’s industry continuing to grow, with bulk products still a focus. Meanwhile, more developed economies such as South Korea and Japan keep honing their output, looking for specialist niches and edges created by innovation.…

THE NORDIC region is associated with cleanliness, environmentalism and healthy living, so maybe it is no big surprise that sales of natural organic personal care products are strengthening in these markets. So engrained is this trend, say experts, colour cosmetics lines are increasingly being developed as natural organic products.…

SOUTH Korean conglomerate Lotte Group has announced a major expansion of production at its plant in Kaluga, western Russia, which will involve building a new manufacturing line and double the capacity of an existing line.

A statement sent to just-food said that the construction and installation work should be completed by this November.…

SPAIN’S personal care product market is continuing to grow after years of post-financial crisis weakness. Spain’s skincare, cosmetic and perfume industry continues to mature, and has turned in solid sales figures for 2017, reflecting the optimistic mood of the economy after the ‘lost’ years of the recession.…

OFFICIAL projections for Vietnam’s garment and textile exports in 2018 are bright but input imports for garment and textile production were more than half of the value of garment and textile exports in 2017, highlighting the need for increased domestic sourcing, industry analysts say.…

Prospects for US beef sales in Taiwan are looking rosy, buoyed by a good economy and greater demand from Korean BBQ and hotpot restaurants sourcing high quality cuts, according to the US Meat Export Federation (USMEF). Joel Haggard, the association’s senior vice president of its Asia-Pacific office, in Hong Kong, told GlobalMeatNews: for the past year or so “there’s a kind of a ‘meat boom’ happening; what we’re seeing is more outlets trying to do business with beef on their menus,” and adding that a “robust” economic growth was fueling diner interest.…

THE ORGANISERS of Italy’s premier beauty trade fair, Cosmoprof Worldwide Bologna, are claiming a record number of visitors and international buyers attending this year’s 51st edition of the event from March 15-19. Exceeding the 250,000 visitors from last year’s Cosmoprof, attending foreign buyers, distributors and retail representatives grew 11% in 2018, year-on-year.…

THE SOUTH Korean cosmetics market, currently evaluated by Frost & Sullivan at USD12.4 billion and growing at 7% year-on-year, is leaving behind the negative effects of a de facto boycott by Chinese tourists. The travel freeze, sparked by Seoul’s decision to install a US-made anti-missile system to protect itself from North Korea, has been in place since early 2017.…