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Related Keywords: achieve target in 2018, anti dumping, efforts to focus, labour productivity, results of production and business, solution to increase, technology development, textile and garment industry, Vietnam National Garment and Textile Group, Vinatex, world garment industry

Le Tien Truong, general director of the Vietnam National Garment and Textile Group (Vinatex), speaking at a meeting on reporting Vinatex’s results of production and business in Ha Noi on Tuesday said that to achieve the target of more than 10 percent growth in 2018, the textile and garment industry must make great efforts to focus further on solutions to increase labour productivity also the local textile and garment industry must be careful with the anti-dumping story.

Related Keywords: catch up with global quality, German machinery high quality, high cost, introduced to Vietnam textile, labour productivity, latest textile and apparel technologies of Germany, much preferred textile manufacturing location Việtnam sole supplier of textile among TPP member countries, VDMA Textile Machinery Association, Vitas

In the event held by VDMA Textile Machinery Association, supported by the Việtnam Textile and Apparel Association (VITAS), more than 600 business representatives and experts from Việtnam’s textile and support industries were introduced to Germany’s latest textile and apparel technologies in Hà Nội on July 5.

The VDMA Textile Machinery Association groups 130 companies manufacturing textile machines and equipment with a value of 3.1 billion EUR (US$3.46 billion) in 2015.

Related Keywords: ASEANS, domestic supplies, export revenue, exporter, garment export, labour productivity, largest apparel manufacturer, material supply, TPP, Vietnamese worker, Vinatex

Vietnam National Textile and Garment Group (Vinatex) largest apparel manufacturer and exporter of Vietnam have hit 18 billion US dollars export revenue in the first nine month of this year, a 19 percent increase year-on-year.

According to a report posted on Vinatex's website on Wednesday, during the period, the group alone pocketed some 2.36 billion U.S. dollars from exporting garment, up 16 percent year-on-year.