Home / Knowledge / News / Apparel/Garments / Charity or protectionism. You decide!
Charity or protectionism. You decide!
18
Sep '09
The Vietnamese domestic textile and apparel sector has uninitiated a programme for the benefit of people living in the islands and the marine force. This project will set up a fund which will help in the betterment of their living standards.

According to the project, for each VND 1 million, consumers spend on buying a domestically produced goods or products; VND 2,500 from that amount will go towards the fund.

This is not to be interpreted as a sign of protectionism, rather, this is a lofty and beautiful act of patriotism and a boon to the consumption culture, Deputy Prime Minister Hoang Trung Hai said at the announcing ceremony.

Experts are of the opinion that, this move will not only help domestic businesses overcome the current difficulties caused by the global economic crisis but also contribute to ameliorating the living conditions of fellow-citizens and soldiers.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ashok Desai
Bombay Textile Research Association

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Madhu Jain
Madhu Jain

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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

news category


Related Categories:
June 2017

June 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