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RIL to help PetroVietnam revive Dinh Vu plant
September 2017
Reliance Industries Limited (RIL) will collaborate with PetroVietnam to restart the Dinh Vu polyester plant in Haiphong. Plant operator PetroVietnam Petrochemical and Textile Fiber JSC (PVTex), PetroVietnam, and Reliance discussed cooperation plans last month. Reliance will provide personnel for maintenance, material supply and sales operations.
HANOITEX in Vietnam in November 2017
August 2017
HANOITEX 2017, the most important textile and garment industry event, is to be held in Hanoi, Vietnam from November 1 to 3, 2017.
Vietnamese textile attracts $750 mn FDI
August 2017
The Vietnamese textile and apparel industry attracted more than $750 million in FDI in the first six months of 2017, mostly from investment capital increases in existing projects, despite a reduced number of FDI projects in recent years and the US withdrawal from the Trans-Pacific Partnership (TPP) last January.
Fragmented nature, lower productivity pose hurdles
August 2017
Replying to the questions from the ITJ, Persistence Market Research Report says that textiles and apparel industry growth is strongly linked to the overall global economic growth. Excerpts from the interview. Why India is still a laggard in textile export while countries like Vietnam and Bangladesh are making strides?
EU brands scramble to enter Vietnam
May 2017
About 80 European brands from the fashion and accessory, food and beverages , perfumes , interior design, etc will come under the banner of Eurosphere to Vietnam on June 16 & 17 in anticipation of EU- VIETNAM FTA becoming active in early 2018.
Vietnam sees big market in Russia
May 2017
With the demand to import more than $10 billion worth of apparel products each year, Russia is a market with potential for Vietnamese garment-textile businesses.
Industry 4.0, a challenge for Vietnam textiles
April 2017
The fourth industrial revolution (Industry 4.0) will present a challenge for Vietnam’s textiles and garment sector within the next five years, according to Le Tien Truong, CEO of the Vietnam National Textile and Garment Group (Vinatex).
Vietnam in top 10 markets for Italian machinery
April 2017
Vietnam in top 10 markets for Italian machinery An essential production hub for the garments manufacturing sector thanks to its low labour costs, Vietnam is currently a major industry supplier for both the European and US markets
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