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

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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