Want to be in the loop?
subscribe to
our notification
Business News
TEXTILE, GARMENT EXPO TO BE HELD IN HCMC
The 17th edition of Viet Nam International Textile & Garment Industry Exhibition and Viet Nam International Textile & Apparel Accessories Exhibition, or VTG 2017 will be held in HCMC from November 22 - 25 with the participation of 400 exhibitors from 14 countries and territories.
The Viet Nam International Textile & Garment Industry Exhibition and the Viet Nam International Textile & Apparel Accessories Exhibition (VTG 2017) will be held at the Saigon Exhibition & Convention Centre.
Most of exhibitors are from mainland China, Germany, Hong Kong, India, Japan, Malaysia, Singapore, Switzerland, the Republic of Korea, Taiwan, Thailand, Turkey, Uzbekistan and Viet Nam.
On display will be sewing, textile screen printing, high-caliber embroidery and fabric dyeing machines, cutting room, auto-sewing, industrial laundry, anti-wrinkle pressing and ironing equipment, chemical dipping and curing ovens among others.
The event will also include seminars with the participation of speakers from the Export-Import Department under the Ministry of Industry and Trade, the Association of Viet Nam Cotton & Spinning Association, and the Viet Nam Textile and Apparel Association. Topics to be addressed include the impact of the Fourth Industrial Revolution, opportunities from free trade agreements, and how to keep staying ahead in the market.
For the first seven months of the year, the country attracted US$21.93 billion in foreign direct investment, a surge of 52% compared to the same period in 2016, achieving the highest annual growth rate since 2011.
Viet Nam’s textile and garment sectors had US$14.58 billion in outbound shipments in the first six months of the year, representing a significant annual increase of 11.3%.
Source: VGP
Related News
ESG SERIES MASTERCLASS
Join the ESG Series Masterclass today and be a part of the solution led by our team of industry experts Bao Nguyen, Betty Pallard, Chi Nguyen, Jonathan SOURINTHA - HRK Group - PVA PRO - GPS (iBAG), Markus Klemmer, Paula Fajardo, Sergio Pereira da Silva along with many more to come…
VIETNAM’S GDP TO GROW 5.5% THIS YEAR – WB
This forecast is based on the assumption of a moderate recovery in manufacturing exports in 2024, fueled by rebound growth of 8.5% year-on-year in the fourth quarter of 2023 and 17.2% year-on-year in the first quarter of 2024, reflecting strengthening global demand, said Dorsati Madani, senior country economist at the WB in Vietnam.
FARE REFUND FOR VISA REJECTION
Cathay Pacific will offer full refunds for cases of visa rejection to provide you with the confidence to explore the world with ease. If you are planning to fly to a destination that requires an entry visa, you can now book with greater peace of mind.
MOIT PROPOSES SCHEME TO BOOST RENEWABLE ENERGY PROCUREMENT
The proposed Direct Power Purchase Agreement (DDPA) mechanism, outlined in the draft decree, targets organisations and individuals consuming electricity from the 22kV power grid or higher, with a monthly consumption averaging 500,000kWh. However, residential households are excluded from direct procurement.
REAL ESTATE BONDS PLACE PRESSURE ON ISSUING FIRMS
The ministry’s recent report underscores concerns within Vietnam’s corporate bond market for 2023 and 2024. It emphasizes the critical need to address hindrances to the real estate sector in line with the objectives provided in Government Resolution No. 33/NQ-CP, which aims to stabilize the industry.
FOUR COMMODITIES POST Q1 EXPORT VALUE OF OVER 5 BILLION USD
The total export turnover of agricultural, forestry, and fisheries products in the first three months of 2024 is estimated to reach 13.53 billion USD, an increase of 21.8% compared to the same period of 2023.