The events aim to create opportunity for Vietnam’s textile and garment companies to learn and select hi- tech equipment from modern industrial countries, show investment orientations for material resources and new technologies, support enterprises to meet demand of domestic and foreign customers, increase value of their products. Accordingly, the Vietnam Textile, Garment Association and the Vietnam National Textile and Garment Group (VINATEX) are the organizations of the international exhibitions. By staff writer- Translated by Huyen Huong … [Read more...] about City to kick off textile and garment exhibitions
Vietnam national textile and garment group
Challenging 2019 ahead for textile and garment industry
2019 will be a challenging year for Vietnam’s textile and garment industry as it needs to record major breakthroughs to take on new roles in the global value chain, including shifting from simple processing - Cut, Make and Trim (CMT) - to purchasing materials, free on board (FOB), original design manufacturer (ODM), and original brand manufacturer (OBM) modes, a seminar in Hanoi on September 20 heard. According the Vietnam News Agency, the “Prospects for Textile and Garment Exports in 2019” seminar was part of the Vietnam Hanoi Textile & Garment Industry Expo (HanoiTex) 2018. The State-run news agency quoted experts as telling the seminar that Industry 4.0 will have a huge impact on Vietnam’s textile and garment sector, forcing it to shake up and make heavy investments in both equipment and human resources. Thorny problems for enterprises are not only regarding the number and value of orders and the pace of growth but also technological innovation and … [Read more...] about Challenging 2019 ahead for textile and garment industry
Vietnam’s textile and garment industry faces tough seas in 2019
2019 will be a challenging year for Vietnam’s textile and garment industry. (Photo: VNA) Hanoi (VNA) – 2019 will be a challenging year for Vietnam’s textile and garment industry as it needs to obtain major breakthroughs to take on new roles in the global value chain, including shifting from simple processing - Cut, Make and Trim (CMT) - to purchasing materials, free on board (FOB), original design manufacturer (ODM) and original brand manufacturer (OBM) modes. The information was heard at the seminar “Prospects for textile and garment export in 2019” held in Hanoi on September 20 as part of the Vietnam Hanoi Textile & Garment Industry Expo (HanoiTex) 2018. Experts said that Industry 4.0 will have huge impact on Vietnam’s sector, forcing it to shake up and make heavy investments in both equipment and human resources. Now, thorny problems for the garment and textile enterprises are not only number and value of orders and growth pace, but also … [Read more...] about Vietnam’s textile and garment industry faces tough seas in 2019
Vietnam’s textile, garment export expected to hit $35 billion
Many textile and garment enterprises in Ho Chi Minh City said that they have received bulk orders, especially from old customers though processing cost maintained unchanged. At present, besides 100,000 products made in large factory monthly, the firms have to hire outside companies to make a large quantity of products worth $700,000 – 800, 000 to deliver on schedule. Despite large order, partners always negotiated to reduce price; accordingly, the enterprises are forced to tighten procedure and push up production schedule and save cost to offer competitive prices on bulk orders, said the director of Thanh Dat Garment Company. Deputy chairman of the Vietnam Textile and Apparel Association (VITAS) Truong Van Cam said that the garment enterprises already have orders for the third quarter and they are negotiating long-term orders for 2019. Though prices tend to go down this year, the enterprises win more orders especially the giant firms which can deliver order in schedule, he … [Read more...] about Vietnam’s textile, garment export expected to hit $35 billion
More than 900 exhibitors gather at HCMC textile and garment expo
The Vietnam Saigon Textile and Garment Industry Expo 2018 (Saigon Tex) opened in Ho Chi Minh City on April 11, bringing more than 900 exhibitors together from 27 countries and territories around the world. More than 900 exhibitors gather at HCMC textile and garment expo - Photo: thesaigontimes.vn Participating businesses introduce the event’s visitors to advanced technologies, the latest machinery, high-end equipment, and materials in the garment and textile industry. They are scheduled to join experts for a discussion on new trends in the world garment and textile industry, and to analyse the opportunities and challenges facing the industry in Vietnam in the context of the integration process and an era of rapid technological progress. The four-day event will also feature fashion collections by designers from the Vietnam Fashion Design Institute (FADIN). The annual event, jointly organized by the Vietnam National Textile-Garment Group (VINATEX), the Vietnam Chamber of … [Read more...] about More than 900 exhibitors gather at HCMC textile and garment expo