Vietnam and 11 other countries’ conclusion of negotiations for the Trans-Pacific Partnership (TPP) agreement has given opportunities to develop its economy. Vietnam’s garment and textile sector is one industry which stands to gain the most advantage from the TPP, while also presenting challenges. What Vietnamese garment and textile firms are concerned about now is input material supply sources for export production. Vietnam now has about 2,000 textile firms but few of them can be directly

The exports of garments and textiles in 2015 are expected to reach 27.5 billion USD, up 11.3 percent from the same period last year, as heard at the Vietnam National Textile and Garment Group’s fifth Congress for the 2016-2020 term in Hanoi on November 26. According to Chairman of the Vietnam National Textile and Garment Group (Vinatex) Vu Duc Giang, Vietnamese garment and textile enterprises have actively participated to the campaign “Vietnamese people prioritize Vietnamese goods” with a vie

Pou Chen Corp., the world’s leading contract shoemaker for Nike, Adidas and other major footwear brands, is shifting a large portion of its operations from China to Vietnam to bank on lower labor costs and more favorable tariffs. According to Nikkei Asian Review, Pou Chen had produced 42% of its total shoes in Vietnam as of the end of September this year, up from 39% in 2014 and 34% in 2013. The Taiwanese company now ships more than 300 million pairs of shoes a year and sees footwear and a

The unprecedented surge in import of man-made fiber (MMF) yarns including polyester, viscos and acrylic and fabrics in the domestic commerce was badly hurting the local textile industry. The competitors of Pakistan textile industry in Far East, China and India are producing MMF yarns and fabrics at comparatively lower energy cost. On the other hand, the textile industry in Pakistan is facing highest energy cost in the region. The import of MMF yarns has surged to 72300 tons in 2014-15 a

Taiwanese garment fabrics makers participate in Textile Fairs South Asia 2015, held on November 23-24 in Dhaka The Taiwanese manufacturers of apparel fabrics, especially polyester and accessories, plan to increase their market share in Bangladesh. They think there are “huge potentials” of fabrics business in Bangladesh as the country is a global “hot-spot” of RMG products which use fabrics as raw materials. “I already have a buyer of my (accessories) products here, but I want to find m

Cotton ginners are in a fix as export demand is less as major buyers like China have not turned up this time. This is hurting realization from processed cotton, thereby reducing profit margins for ginners, said Arvind Patel, Vice-President of Saurashtra Ginners’ Association (SGA), one of the largest clusters of the cotton ginning industry in the country. Out of over 4,300 ginning units, about 1,300 are spread across Gujarat, with major concentration in Saurashtra and North Gujarat. About half

We're willing to bet that you have a stellar pair of skinny jeans in consistent outfit rotation. Summer, fall, winter, or spring, the beloved wardrobe essential will always be—well—an essential. No matter how much you love your slouchy boyfriend denim, want to try a pair of high-waisted flares, or dream of summer cut-offs, your skinnies will always be there: Always reliable, always easy, always classically chic. It's time to turn it up a notch, though. Easy as it may be to throw on a white T-

Despite producing some of the best quality cotton in the world, Turkey's cotton output been declining, said the head of the Home Textiles Industry and Business Association (TESIAD) in a written statement. “Turkey produces one of the world's highest quality cotton. Our cotton production must increase up to 4 million tons by 2023,” said TESIAD head Yasar Küçükçalik, according to a report by a Turkish news portal. He noted the country's cotton production volume has declined drastically over t

In October 2015, Pakistan’s textile exports declined by over 10 per cent as compared to the same month last year mainly due to continuous energy shortage, high cost of production and declining prices globally. According to the latest figures of the Pakistan Bureau of Statistics (PBS), Pakistan’s textile exports were $1.05 billion in October 2015 as against $1.18 billion of the same month of last year, down 10.69 percent. “Due to high cost of electricity, we are unable to give a competitive

Pakistan cotton market witnessed slow move in trading activity on Monday as some spinning mills remained away from making new deals to see latest developments. This indicates that demand is sluggish owing to under utilization of the capacity by the spinning industry. On the other hand, large spinning groups continue to import cotton from neighbouring country and this has also slowed down considerably. The slow off-take of cotton yarn is also forcing spinners to be cautious and keep their product