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Vietnam gets assistance from IFC for green textile production

Related Keywords: energy consumption, enhancing resource efficient consumption, garment-textile sector, held a workshop, IFC, International Finance Corporation, member of the World Bank Group, save over twenty percent of water, save production cost, second largest earner of foreign currency for Vietnam, to help Vietnamese garment-textile outsourcers

The garment-textile sector is the second largest earner of foreign currency for Vietnam, earning over $27 billion from exports per year. To help Vietnamese garment-textile outsourcers save over 20 percent of water and energy consumption, the International Finance Corporation (IFC), a member of the World Bank Group held a workshop reviewing the programme on enhancing resource-efficient consumption in HCM City on Wednesday.

Apparel production scale in Asia to expand 2.4pc of global outputs by 2030

Related Keywords: apparel production scale in Asia, discuss global market trend, ends today, garment-textile sector, global supply chain, to expand, Vietnam Cotton and Spinning Association, Vietnam Textile Summit

Vietnam Textile Summit 2015 was held in Hanoi, Vietnam, from June 25th -27th bringing together Vietnamese textile associations, textile enterprises, large-scale suppliers and buyers from all over the world to discuss global market trends. The chairman of Vietnam Cotton and Spinning Association (VCOSA) Nguyen Van Tuan at a conference in Ha Noi on Thursday announced that the apparel production scale in Asia will expand 2.4 percent by 2030, accounting for over 60 percent of global outputs.

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