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  • Vietnam has supplied more than four percent of the world’s total apparel production for consumption this year. Speaking at a ceremony to mark the 20th founding anniversary of the trade union of the textile and garment sector in Hanoi on September 14, Chairman of the union Nguyen Tung Van lauded the union’s contribution to the sector’s development. He said annual average income of a worker in the sector hit more than 50 million VND (2,250 USD) and they are covered by social, health and unem
  • Indian textile exporters are set to get greater market access in China and South Korea, as the Union Cabinet has approved the exchange of tariff concessions, on Margin of Preference basis, under the fourth round of negotiations under the Asia Pacific Trade Agreement (APTA) and related amendments. Bangladesh, Sri Lanka and Laos are also members of APTA. The APTA (formerly the Bangkok Agreement) is an initiative under the United Nations Economic and Social Commission for Asia and the Pacific (
  • Cotton Incorporated will be presenting fabric samples dyed with the EarthColors cotton-derived dye at the Premiere Vision trade fair taking place in Paris, France September 12 through 14. The new dye uses by-products of cotton harvesting as a base instead of oil to give knit and woven cotton fabrics dyed in a variety of warm, soft, natural brown shades. The new dyes offer both sustainability and traceability for retailers and brands. Cotton Inc and Archroma have joined forces to develop the f
  • The Vietnam Textile and Garment Association (VITAS) and Mexico's National Chamber of Textile Industry (Canaintex) expect the value of Vietnamese exports to Mexico to double in 3-4 years after the Trans-Pacific Partnership (TPP) is implemented. This is because tariff on Vietnamese goods exported to Mexico would fall to zero from the current 30 per cent. To lay foundation for bilateral garment cooperation between the two countries, a delegation from Canintex recently visited Vietnam. The team v
  • Textile Forum which starts from October 12-13, 2016 will offer a better selection of luxury fabrics then those seen in earlier editions of the trade show. On display, will be more than 80 collections, which include woollens, silks, laces, cottons, prints and leathers, meant for daywear, eveningwear, bridalwear, lingerie, childrenwear and accessories. Apart from fabrics, Textile Forum includes suppliers of buttons, zips, labels and sampling and small garment manufacturing job working units.
  • India, which once led as a cotton yarn supplying nation to China is now been relinquished to second position. This was done by not so powerful as an economy or a textile giant, Vietnam. And this not the story of aberration, it has been the top supplier of cotton yarn to China since March 2016, when it overtook India. And that too, at a much higher unit price realization than India and also Pakistan, the lowest in the rung. Why is China preferring high cost cotton yarn from Vietnam? My earlie
  • The Northern India Textile Mills’ Association (NITMA) has urged the government to create a comprehensive cotton fibre policy. The association believes that ensuring sufficient stock to use ratio for cotton fibre and providing the fibre throughout the year at international spot prices can put an end to the challenges being faced by the struggling industry. NITMA also recommends the government to avoid getting involved in the manufacturing process of ginning and directly pay the difference bet
  • The economic expansion in the 19-country eurozone slowed in the second quarter, official data showed Tuesday, with the reading for the previous quarter being revising down a notch. Seasonally adjusted gross domestic product (GDP) rose by 0.3 percent in the single currency bloc and by 0.4 percent in the wider European Union (EU), compared with the previous quarter, said Eurostat, the EU's statistic agency. In the first three months, GDP grew by 0.5 percent in the eurozone, Eurostat said, lo
  • COTTON USA will promote US cotton and offer sourcing support to the fashion industry supply chain at its exhibit at Texworld in Paris from September 12-15, 2016, in Hall 2 F137. COTTON USA will provide visitors with comprehensive background information on responsibly-produced US.cotton, global cotton market developments, the findings of current market and consumer studies, and its ongoing Licensing, Marketing and Sourcing Programmes. COTTON USA provides proactive support through its Sourci
  • CHINA'S exports in yuan-denominated terms rose 5.9 percent year on year in August, while imports increased 10.8 percent, customs data showed on Thursday. That led to a monthly trade surplus of 346 billion yuan (US$51.9 billion), down 5.1 percent from a year earlier, according to figures from the General Administration of Customs (GAC). Foreign trade in the first eight months was down 1.8 percent from a year earlier, with exports dropping 1 percent and imports falling 2.9 percent. Trade
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