Fibre2Fashion
>>
Home / Knowledge / News / Apparel/Garments / Vietnam apparel sector to face challenges in 2017
Vietnam apparel sector to face challenges in 2017
15
Nov '16
With global demand forecast to slow down, the Vietnamese textile and garment industry will continue to face challenges in the next year, mainly due to fierce competition from other exporting countries like India, China, Pakistan and Bangladesh. The election of Donald Trump, who has indicated that he will not support treaties, may also impact exports.

This was informed by Le Tien Truong, general director of the National Garment and Textile Group (VINATEX), who also added that garment exports to the EU will also be under negative impact, as a result of Brexit.

“So, the industry is expecting export growth rate of just between 5-7 per cent, if no appropriate policies are announced,” a Vietnamese news agency quoted Truong as saying.

The Vietnam Textile and Apparel Association (VITAS) has approached the Ministry of Industry and Trade with several proposals to boost the industry, which include; reviewing policies on minimum wage raises and working hours; and boosting domestic as well as foreign investments in the industry. (AR)

Fibre2Fashion News Desk – India
More Apparel/Garments News - Vietnam...

Must ReadView All

Pic: Dreamstime.com

Textiles | On 22nd May 2022

China raises support for economic growth by cutting lending rate

China recently cut the market-based benchmark lending rate to shore...

Pic Andrey Sirant | Dreamstime.com

Textiles | On 22nd May 2022

CPTPP helps boost Vietnam-Australia trade, investment cooperation

The Comprehensive and Progressive Agreement for Trans-Pacific...

Pic. Shutterstock

E-commerce | On 22nd May 2022

Strong momentum in China's cross-border e-com, rises 18.6% YoY in 2021

China's cross-border e-commerce has rapidly grown in the last few...

Interviews View All

Vandana Narang, National Institute of Fashion Technology

Vandana Narang
National Institute of Fashion Technology

Campus placements are low due to lockdowns

Textile Industry, Head honchos

Textile Industry
Head honchos

Ensured payment of fee was least concern for students

Textile Industry, Head honchos

Textile Industry
Head honchos

Strongly believe in 'people first' policy.

Stan Jewell,

Stan Jewell

Founded in 1921, Renfro Brands is a leading designer, manufacturer, and...

Jeffrey F Hsu,

Jeffrey F Hsu

As a world leading textile innovation and solutions company, NTX creates...

Manuel Martos,

Manuel Martos

Nextil Group is one of the world’s largest knitted and elastic fashion...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit
ITTA

The Indian Technical Textile Association (ITTA) is the only association of ...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Maria Camila Giraldo, Brand - Pam & Gela

Maria Camila Giraldo
Brand - Pam & Gela

Maria Camila Giraldo is a Colombian actress, writer and entrepreneur...

Seema Gujral, Label Seema Gujral

Seema Gujral
Label Seema Gujral

<b>Seema Gujral</b>'s designs for her eponymous label revolve around...

Gavin Miguel, Label Gavin Miguel

Gavin Miguel
Label Gavin Miguel

Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Search Companies

Search Companies

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor





(Max. 8000 char.)

Search Companies




SEARCH

Leave your Comments

ESTEEMED CLIENTS

Messe Duesseldorf
Color Service s.r.l.
Colours India Inc
Benetton Group
Under Armour Global Sourcing Ltd
Desigual - ABASIC, S.A.
Seasalt Limited
Permoda(Koaj/Armi/Pronto/Bkul)
TEXVALLEY MARKET LIMITED
Aleph Srl
Aramark Uniform ;& Career Apparel, LLC
Midas Clothing Limited
Comasia Limited
Nandan Denim Limited
Hirdaramani International Export Private Limited
Brandix Lanka Limited
Shanghai Aige Exhibition Service Co., Ltd
Datatex Consulting Srl
EUROVET ASIA LTD
SHAHI Exports Pvt Ltd
Recron Polyester from Reliance Industries Limited
Chori Company Limited
GHCL LIMITED
Sateri (Jiujiang) Fiber Co.,Ltd
Brückner Trockentechnik GmbH & Co. KG
The Top Form Brassiere Manufacturing Company Limited
Xtema - Thomas Lebherz Textilmaschinen
Chico’ FAS
Taiwan Textile Federation (TTF)
Babyshop
Hela Clothing Pvt Ltd
Reiter India Private Limited
NV Michel Van de Wiele
Boardriders Asia Sourcing Limited
SYNERGIES HONG KONG LIMITED
Mayer & Cie. GmbH & Co. KG
Varner AS Retail
Coats Digital Limited
Jindal Worldwide Limited
Alison Hayes Romania
X-Rite Asia Pacific Limited (HK)
Centric Software
Datacolor AG Europe
Huntsman (Singapore) Pte Ltd
Tchibo GmbH
Shima Seiki Mfg. Ltd.
COTTON COUNCIL INTERNATIONAL
Indofil Industries Limited - Specialty & Performance Chemicals Division
T.T. Limited
KAS Direct Sourcing
Esprit Europe Services GmbH
Gokaldas Exports Limited
Officina Meccanica Dora Enrico Srl
Sainsbury's Argos Asia Limited
The LYCRA Company Singapore Pte. Ltd
Flainox S.r.l.
BTSR International S.P.A.
Nihalani Events Management
Mesdan SPA
Infor (Hong Kong) Limited
Istanbul Fuarcilik A.S.
Lottmann Communications
John Varvatos
Etam Group Strategy Hong Kong Limited
Haelixa AG
Lenzing Aktiengesellschaft - India
Zünd Systemtechnik AG
Messe Frankfurt Exhibition GmbH
Saurer Textile Solutions Pvt. Ltd.
China World International Exhibition Company Limited
Stahl Holdings B.V.,
Thai Trade Center
Dow Silicones Corporation
Gatsby Africa
Tradewind International Servicing
Lululemon Athletica Inc
Truetzschler India Private Limited
Gap International Sourcing Limited
Recron Polyester from Reliance Industries Limited
Puma
Itema Weaving (India) Private Limited
Tory Burch Hong Kong Ltd
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Bluestem Global Sourcing Limited
ITMA Services Pte Ltd
PVH Corporation
Green Fibre
NITI Aayog
Amazon China
BIANCA
Restoque S.A.
Lisa S.P.A.
Vardhman Textile Ltd
K AND D ITMACH EXPOSITIONS LLP
Sportmaster Ltd.
FULGAR SpA
GERBER TECHNOLOGY LTD.
Woolmark Services India Pvt. Ltd.
GIOVANNI BOZZETTO S.p.A.
Loris Bellini S.r.l.
G-Star Raw C.V.
TESCO INTERNATIONAL SOURCING LIMITED
APLF Limited
G.A.S. unternehmenskommunikation gmbh
Kornit Digital Asia Pacific Ltd
DuPont de Nemours, Inc.,
Pt. Peraga Nusantara Jaya Sakti
Karl Mayer Textilmaschinenfabrik GmbH
Gloria Jeans
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
IDH – The Sustainable Trade Initiative
The LYCRA Company Singapore Pte. Ltd
FESPA (Reigate)
Bluesign Technologies Ag
Rayonese Textile Inc., Division de Culp Inc.
H. Stoll AG & Company KG
Palexpo SA
Guess Europe Sagl,
Maceton Limited
Rosset ;& Cia Limited
Cat Tuong Real Estate Group Joint Stock Company
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Lifestyle
Groz-Beckert East Asia LLP
Lectra Technologies India Pvt Ltd.
International Sourcing Expo Australia
THE BOMBAY DYEING ;& MFG.CO. LTD
Equinox Impex India
Target Corporation (MN)
N9 World Technologies Private Limited
Phong Phu international JSC (PPJ)
OVS Hong Kong Sourcing Ltd.
Grasim Industries Limited
BTC Textiles LLC
Copenhagen Fashion Summit
Applied DNA Sciences Inc
Tuyap Tum Fuarcilik Yapim A.S.
LC Waikiki
Performance Days
JES MEDIA, INC
BIMBA ;& LOLA SL
Vianney Textil Hogar S.A. De C.V.
USTER
Calvin Klein
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Weitmann & Konrad GmbH & Co. KG
Inter Expo Center Ltd.
Landmark Group
IFF Media Ag - International Media Services
Arvind Limited
Decathlon
Lacoste (Wanchai)
J ;& P Coats
Rieter India Private Limited
Marzoli Machines Textile s.r.l.
Sportswear Company Spa
Italian Trade Commission
CGS Inc.
Abit
International Textile Manufacturers Federation
Splash
CSGIA(China Screen Printing & Graphic Imaging Association)
Newtech Textile Technology Development (Shanghai) Company Limited
EPCH
C;&A Sourcing International Ltd
BRINKMANN GMBH
Groz-Beckert KG
ZAITEX spa
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
IIGM Private Limited
Thermore (Far East) Ltd.
Kern – Liebers Textile
TESTEX AG, Swiss Textile Testing Institute
Asos
Page Industries Limited (Bangalore)
MAS Active / MAS Kreeda / MAS Bodyline
H;&M Hennes ;& Mauritz (Far East) Ltd
IKEA of Sweden AB
Zydex Industries
Alix Partners
KIABI
TÜYAP IHTISAS FUARLARI A.S.
Jiangsu Yingyang Nonwoven Machinery Company Limited
DyStar India Pvt. Ltd
Thai Acrylic Fibre Company Limited
EMBEE CORPORATION
Indo Tex
Meera Dyestuff Industries
Lenzing Aktiengesellschaft
VNU Exhibitions Asia
Aquarelle Clothing Limited
Helly Hansen Far East Ltd
Tommy Hilfiger
UBM China (Shanghai)
Eastman Chemical Company
Savio Macchine Tessili S.P.A.
Eurofins BLC Leather Technology Centre Ltd
Walmart

Recommended


May 2022

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


Knowledge

Fibre2Fashion has a diverse global readership, and delivers unique, authoritative and relevant content. Drawing on the expertise and credibility that we have built over the years and contextualising them with our in-depth research studies, we produce authentic news, articles, reports, interviews and interactive explainers through the F2F Magazine and compendiums, among others, which help readers stay abreast with the industry trends.
 
About | Privacy Policy | Terms of Use | Cookie Policy | Contact
We are on App
Copyright © 2022. All rights reserved by Fibre2Fashion Pvt. Ltd.
Woolmark
X
Advanced Search