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GARMENT / TEXTILE

GARMENT SECTOR TARGETS USD3 BILLION EXPORT VALUE TO ROK

[23-01-2015] Vietnamese garment and textile companies are targeting a total export turnover of an estimated USD3 billion to the Republic of Korea this year, Vietnam Investment Review reported. The total export turnover of Vietnam's textile and garment sector to the RoK reached USD2.4 billion last year, an increase of 27 percent compared to 2013.

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GARMENT / TEXTILE

VIETNAM URGED TO CAREFULLY CONSIDER NEW FOREIGN TEXTILE/GARMENT PROJECTS

[20-01-2015] Local authorities have been warned to think carefully before welcoming more foreign textile and garment investors, as they could likely suffer in the future. Vietnam in recent years has become an ideal destination for foreign textile & garment investors, especially the Chinese.

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GARMENT / TEXTILE

FOREIGN APPAREL FIRMS EXPAND PRODUCTION IN CITY

[16-01-2015] The HCMC government have licensed two foreign garment and textile firms to adjust up their investments to expand production and boost export. HCMC chairman Le Hoang Quan handed a certificate for capital increase to Worldon (Vietnam) Co. Ltd., which is invested by Gain Lucky Limited, which produces world-famous sportswear brands such as Nike, Adidas and Puma.


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