Hanoi (VNA) - The Hanoi Textile and Garment Joint Stock Corporation (Hanosimex) on March 26 presented 700 antibacterial shirts to the Hanoi Medical University Hospital in an attempt to support “frontline soldiers” in the fight against the novel coronavirus disease (COVID-19). … [Read more...] about Garment firm donates hundreds of antibacterial shirts to Hanoi hospital
Garment
No end to woes of local textile and garment industry
Fashion items to the US make up 30-35 per cent of the company's export turnover, while the EU accounts for 20 per cent and Japan and South Korea capture 40 per cent. Of its main markets, South Korea, the US, and the EU have seen disruptions. The company still maintains exports to Japan, although the number of cancelled orders still reaches 50 per cent in this market. … [Read more...] about No end to woes of local textile and garment industry
Two textile and garment companies to benefit the most from EVFTA
Under EVFTA, most yarn and fabric products will enjoy tax exemption as soon as the agreement takes effect, while the tariffs will be cut step by step to zero percent within 6-8 years. However, in order to be eligible for the preferential tariffs in EVFTA, Vietnam’s products need to satisfy the requirements of the origin rule. This means that Vietnamese enterprises have to use Vietnam-made or EU sourced materials to make products. … [Read more...] about Two textile and garment companies to benefit the most from EVFTA
Apparel industry could suffer huge losses caused by pandemic
In an attempt to minimise damage to the textile industry, the Group has set out a number of key tasks to follow. Some of the measures include taking advantage of opportunities to find export orders for preventive products such as masks, antibacterial medical clothing, and disposable non-woven clothing. … [Read more...] about Apparel industry could suffer huge losses caused by pandemic
Vinatex faces damage of $43 million due to COVID-19
According to Vinatex, in the first two months of 2020, the group and its member companies supplied over 38 million face masks to the market. The corporation targets maintaining a production capacity of 28-30 million face masks per month. In case demand surges, Vinatex could increase production capacity to nearly 50 million cloth face masks per month. … [Read more...] about Vinatex faces damage of $43 million due to COVID-19
