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 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#
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 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#
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.
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#
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.
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#
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.
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#
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 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#
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.
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#
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