Industry

Vietnam’s Textile Workers Earn Higher Wages Than Global Average

Textile Insights October 9, 2024

According to a VNDirect Securities report, Vietnam’s textile and apparel industry is making strides towards sustainable development as consumer demand for eco-friendly products rises. Companies are focusing on green production processes by using recycled fabrics, green materials, renewable

Sustainability

Vietnamese Garment Sector Lags Competitors In Turning Green

Textile Insights April 30, 2024

Although global orders for Vietnamese apparels has improved since the start of this year, experts aver that the industry is slower in going green when compared with its competitor Bangladesh. For example, Bangladesh has up to 153 garment factories which have bagged LEED certifications and there are 500 more factories which have applied for this […]

Apparel, Fashion, Retail

Vietnamese Garment Exporters Launching Own Brands Worldwide

Textile Insights February 28, 2024

Vietnamese clothing manufacturing companies are actively launching and promoting brand development, with many of planning to introduce these brands in various countries. These companies began by introducing ‘Made in Vietnam’ apparel brands in the domestic market and then started launching them in overseas markets For example, May 10 Corporation has recently introduced two

Industry

Added Value in Vietnam Textile & Garment Sector Very Low

Textile Insights January 2, 2024

Although Vietnam is a major textiles and garment exporter, the added value in the industry is very low compared to the potential of the industry. Exports of textiles and apparels are expected to reach around US $40.3 billion in 2023 for which, imported raw materials and accessories accounted for nearly 58 percent or $23.2 billion. […]

Export

Vietnamese Textile & Clothing Exporters Seek Govt Assistance

Textile Insights December 29, 2023

The Vietnamese textile and garment export sector which has been witnessing a declining trend since the beginning of this year is seeking assistance from the government to navigate the challenges. “Textile and garment exports started slowing down in the final months of 2022, and there haven’t been any signs of improvement,” Le Tien Truong, Chairman […]

Apparel, Fashion, Retail

Vietnamese Students Shirking Garment Technology Courses

Textile Insights October 16, 2023

The number of Vietnamese students enrolling to study courses in garmenting technology has fallen sharply, following workers and staff being laid off after the Covid-19 pandemic began Students have been psychologically affected by the phenomenon of workers in this industry being fired by businesses during and after the Covid-19 outbreak. This phenomenon has resulted in […]