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

Apparel/Garments | On 22nd Sep 2017

Govt announces new duty drawback rates for garments

The Government of India has today announced the new duty drawback...

Courtesy: ITMA

Textiles | On 22nd Sep 2017

ITMA 2019 to focus on smart garment technologies

ITMA 2019, the world's largest textile and garment technology...

Apparel/Garments | On 22nd Sep 2017

New US FTC rule for RN used on textile product labels

The US Federal Trade Commission recently streamlined requirements...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search