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VITAS sets export mark to achieve $55 billion by 2025
The Vietnam Textile and Apparel Association (VITAS) recently announced the targets to achieve USD 55 billion from apparel exports and creating three million jobs. The targets were shared at the sixth congress of VITAS, held in Hanoi.
CCI to boost cotton exports to Bangladesh, Vietnam
The Cotton Corporation of India (CCI), which is holding surplus stocks of cotton just ahead of the next harvest season, is trying to boost exports of the fibre crop. A memorandum of understanding is being worked out to export 1.5-2 million bales (of 170 kilograms each) of cotton to Bangladesh while the state-run CCI will also set up its own warehouse in Vietnam to boost cotton exports.
Sacombank, VITAS tie-up to boost textile sector
Vietnam’s Sacombank recently signed an agreement with the Vietnam Textile and Apparel Association (VITAS) to support the latter’s activities to boost the textile and garment sector.
Denimsandjeans in Vietnam on June 12-13
The next edition of Denimsandjeans in Vietnam coming up on June 12-13, 2019 is expected to bring renewed interest especially in terms of new treaties being signed by the country.
Vietnam eyes $200 bn textile exports by 2035
Vietnam’s textile and garment industry is expecting exports to reach up to $200 billion by 2035 thanks to investment in new technology and automation, and a shift in production methods.
Indian textile markets firming up: SIMA
The two historical reforms viz., demonetisation and GST, brought by the Government within a span of eight months, though had a big impact on the performance of the textile manufacturing sectors especially the garment exports,etc.
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