Home / Knowledge / News / Apparel/Garments / Vietnam apparel production rises 26.9% in Jan'14
Vietnam apparel production rises 26.9% in Jan'14
01
Feb '14
courtesy: Vinatex
courtesy: Vinatex
The production of garments and textiles in Vietnam increased by 26.9 percent year-on-year in January 2014, as per the data from the General Statistics Office, under the Ministry of Planning and Investment, Vietnam National Textile and Apparel Group (Vinatex) said on its website.
 
The growth in garment and textile manufacturing was much higher than the 3 percent year-on-year growth recorded by the Vietnamese manufacturing sector during the month.
 
The surge in clothing and textile production during January 2014 was due to active flow of orders since late 2013 and stable workforce, the statement said.
 
From mid-2013, several large Vietnamese garment and textile enterprises have bagged enough order to last until the second quarter of 2014. Moreover, many businesses in recent years have made investments for producing several new items, which has also started contributing to their overall results.
 
In addition, many Vietnamese clothing and textile businesses have been successful in retaining employees this year by paying bonuses. For example, Tet Gaip Ngo, a member of Vinatex, paid 2 to 2.5 times the monthly salary as bonus to its workers, along with other perks.
 
Le Tien Truong, deputy general director of Vinatex, said a stable workforce is one of the requirements for sustainability of garment and textile enterprises, and the harmony between the interests of business and labour is the key to success.
 
The exports of fabric and garments from Vietnam rose by a sharp 18.9 percent year-on-year to US$ 17.946 billion in 2013, according to the General Department of Customs, Vietnam’s Ministry of Finance.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 25th May 2016

Vietnam’s fabric & garment exports up 6.7% in Jan-April

Fabric and garment exports from the Southeast Asian nation of Vietnam ...

Textiles | On 25th May 2016

CAIT for joint coalition of trade & industry on GST

Proposing a joint coalition of trade and industry bodies, the...

Apparel/Garments | On 25th May 2016

‘Mauritius is reliable supplier of high-value garments’

The textile and apparel industry in Mauritius has become a reliable...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

How do you see the competition from e-stores? What is the marketing...

Nuno Venda
ROQ

What are the key trends and innovations in textile printing? From which...

Vasanth Kumar
Max Fashion India

What is the size of the apparel retail segment? How would you describe the ...

Mohammad Hassan
Biax Fiberfilm

<b><i>About one in every 20 patients picks up an infection while...

Kevin Nelson
TissueGen

<b><i>Kevin Nelson, Chief Scientific Officer, TissueGen discusses the...

Paolo Ocleppo
Sandvik Hyperion

<b><i>Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
May 2016

F2F Magazine

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search