Vietnam ranked among the top five footwear exporters worldwide in terms of export revenue, said Vietnam Leather, Footwear and Handbag Association Tuesday. The association said on its website that in the first six months of 2014, Vietnam posted some 4.85 billion US dollars in footwear export revenue, up 21.54 percent over the same period in 2013. Vietnam remained the second after China in footwear exports to the United States, the European Union and Japan during the period, said the associa

We know energy crises can’t be resolved in a single day but planned load management will help the industry to minimize the problems. In these circumstances, to get immediate relief in energy crises, govt should allow the industries to generate in house power, not only for its own utilization but also to sell excessive quantity to close industries and living areas. Govt. need to fix a cost effective tariff which will guide to operate smoothly & energy crises will also be reduced effectively.”

Garment and footwear industry, Cambodia's largest income earner, saw a 16 percent increase in exports in the first six months of 2014, according to a commerce ministry's report on Sunday. The country exported apparel and footwear products worth 2.92 billion U.S. dollars during the January-June period this year, up 16 percent from 2.51 billion U.S. dollars over the same period last year, the report said. The products are mainly exported to European countries and the United States. The ex

Increase in textile exports by 3.9 percent is encouraging but the decrease in textile exports other than European Union is something which could have been avoided and the government has to address the issues which resulted in the decline. The statement was issued by Muhammad Yasin Siddik, Chairman, All Pakistan Textile Mills Association (APTMA) in response of the news item published in section of press with reference to the meeting of the National Assembly Standing Committee on Textile Industry

There is no right to trade union in 94 per cent of the apparel factories across the country, according to a survey conducted by the Department of Inspection for Factories and Establishments. The number of the registration of trade unions is poor despite repeated commitment made by the government in its progress report on GSP action plan to the United States Trade Representative, said labour rights groups. The survey on apparel sector found that there were trade unions in only 6 per cent fa

Tai Yuen Co Ltd, a subsidiary company of the Taiwan-based Yun Lon Group, was given an investment licence yesterday to build a textile mill worth US$150 million in the northern province of Ha Nam. The project, covering around 24 ha in Dong Van II Industrial Park, Duy Tien district, is expected to employ 5,000 workers. Construction will begin in August and is expected to be completed within a year. Once operational, the mill will require around 1,500 cubic metres of water for its daily opera

A worker at a local textile mill in Xinjiang. The autonomous region, which produces about 60 percent of China's cotton with less than 40 percent of the country's cotton-growing area, plans to create jobs for 1 million people for the region's textile industry within the next decade. Gao Bo / China Daily The Xinjiang Uygur autonomous region, China's prime cotton-growing area, plans to pump some 20 billion yuan ($3.2 billion) into its textile industry to create jobs and maintain social stabilit

Minister for Commerce Engineer Khuram Dastagir Khan on Wednesday reiterated government's commitment to re-operate the closed textiles units in order to enhance its annual exports to US one billion dollars and create 100,000 news jobs for the people in the country. "The government with the co-operation of the private sector is formulating a strategy for re-operating of the closed textile units while the State Bank of Pakistan (SBP) and the banks would be negotiated and convinced for the resch

Shandong Daiyin Textile and Garment Group (D&Y Group) is setting up a textile plant in Sedenak Industrial Park, Kulaijaya district in the state of Johor in peninsular Malaysia, through its subsidiary D&Y Textile (Malaysia) Sdn Bhd. D&Y Group will invest RM 640 million in setting up the new plant, which would be its first in the Asean region, Group chairman Zhao Huan Chen said after signing an agreement with United Overseas Bank (Malaysia) Bhd (UOB Malaysia) for credit financing se

To reduce Vietnam's reliance on China, the long term measure is to improve local supporting industries. Photo: Ngoc Thang A host of pending trade agreements could help Vietnam reduce its heavy economic reliance on China, but won't unless the country takes bold and difficult steps toward developing alternative supply chains and aggressively building up a domestic base range of fabric and component part manufacturers, economists said. Vietnam is expected to sign 17 free trade agreements wit