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Related Keywords: equipment and technologies, high quality exhibitors, latest machinery, TAMI, Tan Binh Exhibition & Convention Centre (TBECC), TPP, Vietnam Int’l Textile & Garment Industry Exhibition, Vietnam textile and garment industry, VTG 2015 exhibition

The Vietnam Int’l Textile & Garment Industry Exhibition (VTG) show has seen a gradual increase in visitors each year as interest in textile, garment, apparel and accessories firms. With 4 consecutive successful years, the show has become one of the more influential and comprehensive exhibition for textile and garment in Vietnam. VTG 2015 will be held again at Tan Binh Exhibition & Convention Centre (TBECC) from 21st to 24th October, 2015, it will definitely the industrial exhibition that textile industry players can't miss to attend.

Related Keywords: chain linkage, domestic, Free trade agreement, garment producer, international market, marketing, original design manufacturer model, product development, production methods, production targets, regional trade blocs, remodel, TPP, Vietnam garment industry, Vietnamese enterprises

Vietnam one of the world's largest garment producers to maintain its status is making all efforts to remodel its production methods. The move comes in the light of advantages offered by the Trans Pacific Partnership (TPP) and other free trade agreements that the country has entered into with regional trade blocs around the world.

According to Le Tien Truong, Vietnam Textile and Garment Group (Vinatex) General Director after years of manufacturing, Vietnamese enterprises have gained much experience in manufacturing, management and labour.

Related Keywords: Chinese, Chinese Texhong Group, fibre industry, FTA, Hong Kong based TAL Group, Hongkong, Taiwanese investors, TPP, Vietnam textile and garment industry

With Vietnam eyeing early conclusion of Free Trade Agreement (FTA) and Trans-Pacific Partnership (TPP), which according to the Ministry of Industry and Trade, the two agreements will be signed in 2015. The Chinese, Hong Kong and Taiwanese investors have of late started increasing their investment in garment and textile industry in Vietnam.

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.

Related Keywords: approval, free-trade deal, IPO, sell stake, textile and garment maker, TPP, two domestic property firms, Vinatex, yarn forward rules

Vinatex, Vietnam's top textiles and garment maker gets approval to sell a combined 24 percent stake to two domestic property firms, among them Vingroup, ahead of the state-run firm's IPO next week. Vinatex will sell 10 percent to Vingroup, the country's third-biggest listed firm by market value, and 14 percent to the unlisted Vietnam Investment Development Group, Vinatex said.

Related Keywords: Embroidery and Knitting Association, garment, HCM City Textile, high-value contracts, production plans, technical demand, TPP, Vietnam garment companies

Vietnam garment companies at this time last, around 80 to 90 percent of production plans was fulfilled for 50-60 percent of enterprises, while this year the figure is only 25-30 percent. Very few companies have orders for the fourth quarter of the year.

According to the chair of the HCM City Textile, Garment, Embroidery and Knitting Association, Pham Xuan Hong, many member companies of the association still needed orders.
 

Related Keywords: China plue one policy, material supplier, reliance on China, TPP, Vietnamese textile and garment companies, yarn forward

China plus One or China +1 is an international business strategy that consists of the expansion of one company's current operations in China, to another country having low wage rate, strong infrastructure and a suitable atmosphere for business. China plus one, strategy is followed by Japanese investors over the last many years as well. Vietnamese textile and garment companies want to take up the “China plus one” policy in an effort to escape reliance on China as its biggest material supplier.
 

Related Keywords: Customs Union, Customs Union Russia, free trade pact, garment sector, TPP, Vietnam-EU Free Trade Agreement, Vietnamese textile industry, Vinatex

The Vietnam National Textile and Garment Group’s (Vinatex) deputy general director, Le Tien Truong during the conference in Ho Chi Minh city held to discuss the group’s public offering state that there is a growth witnessed in the garment and textile sector, its clothing exports have grown more than 15 percent annually since 2001 while the garments make up over two percent of global market share.
 

Related Keywords: Chinese textile industry, lifting of tariffs, TPP, Vietnam textile industry, yarn stage forward

Vietnam to only further enhance the Chinese textile industry with the lifting of tariffs on garments made by TPP members from the yarn stage forward expected to come through soon as the Trans-Pacific Partnership negotiation is going on between Vietnam and 11 other countries including big economies like the US, Canada, Japan and Australia.

Related Keywords: chinese investment, TPP, Vietnam garment industy

Vietnam garment and textile sector has been drawing in investment projects from China, Taiwan, and Hong Kong of which China’s investment in Vietnam have been increasing piercingly Vietnam in anticipation of the signing of the Trans-Pacific Partnership (TPP) in additional will have access to lucrative market that would come with it.