Search Results for: Vietnamese

Major emerging markets such as Vietnam are regarded by the west as sourcing hubs for products and packaging, but this south-east Asian country of 100 million people is now a major metal packaging market. According to recent forecasting from India-based market researcher Mordor Intelligence, the Vietnamese metal packaging market is expected to expand at a compound annual growth rate (CAGR) of 3.07% from 2024 through 2029, growing from USD2.11 billion to USD2.45 billion (1).…

Vietnam’s clothing and textile industry may benefit from the accession to power of a former security minister, industry experts have told Just Style – although his closeness to Russia has raised concerns about weakening vital western trade links. To Lam was appointed President of Vietnam in April (2024) and general secretary of the ruling communist party earlier this month (August 3), the most powerful job in this south-east Asia sourcing hub.…

The Indian clothing and textile industry is gearing up to adopt artificial intelligence (AI) powered technologies and other high-tech innovative manufacturing processes to remain competitive, a major industry gathering in Delhi saw last week.

Gartex Texprocess India, a textile industry exhibition with 170 exhibitors and about 15,000 visitors, held from August 1 to 3, also highlighted innovations in sustainable fabrics, eco-friendly trims and high-performance accessories.…

With Vietnam named the top exporter to the United States of products covered by the Uyghur Forced Labor Prevention Act in 2023, Vietnamese garment manufacturers that use undeclared Chinese cotton inputs are now risking being caught by isotopic testing. These can link cotton to specific geographic areas by analysing the concentration of stable elements like carbon and hydrogen present in both the crop and the environment in which it has been grown.…

The Chinese textile industry’s overseas investment has been on an upward trajectory since the Covid-19 pandemic, with a focus on countries involved in China’s Belt and Road Initiative, particularly in southeast Asia, but also further afield; the Chinese textile company Shanghai Jingqingrong Garment, for example, in January announced it will open its first production plant outside China in Catalonia, Spain (1).…

Vietnam’s knitwear sector has gained additional orders from western buyers especially since allegations that Chinese manufacturers have used cotton produced by forced labour in China’s cotton-producing province Xinjiang gathered steam. With the USA especially placing import restrictions on such products and the European Union (EU) mulling additional barriers, Vietnam’s major knitwear sector has looked set to continue benefiting from this political response.…

Vietnam’s businesses in export-focused garments and footwear manufacturing are facing up to the challenge of becoming greener. This realisation comes even as the country benefits from free trade agreements (FTA), such as the 2019 European Union (EU)-Vietnam Free Trade Agreement (EVFTA) and the 2020 UK–Vietnam Free Trade Agreement (UKVFTA).…

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. …

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).…

After weathering a Covid-impacted 2021, Vietnam’s apparel and footwear sectors rebounded in 2022, along with the rest of the economy, and while they are looking forward to medium-term expansion, 2023 could be a rocky ride.
Exports of footwear in the first half of 2022, for example, rose 13% by value compared to the same period in 2021, according to data released by the Vietnam News Agency (VNA) the state-run news agency (1).…