The Ministry of Textiles has fixed an export target of USD 45 billion for textile products for the year 2014-15, in consultation with the Industry. The target has not been revised. Exports of textile products are supported through different schemes under Foreign Trade Policy e.g. Focus Market Scheme, Market Linked Focus Product Scheme, Focus Product Scheme and Duty Drawback Scheme. Exporters of textile products can also avail duty free import of capital Goods under EPCG and raw material u

The Government of Vietnam will assist cultivation of cotton in its provinces by allocating around 13,600 kg of cotton seeds, reports Vietnam Plus. Prime Minister Nguyen Tan Dung has issued instructions to allocated cotton seeds from the national reserve to assist the cotton project in seven provinces—the Central Provinces of Binh Thuan, Phu Yen and Quang Nam; the highland provinces of Dak Lak, Gia Lai and Dak Nong; and the northern province of Dien Bien. The seeds will be distributed among

Vietnam ranked among the top five footwear exporters worldwide in terms of export revenue, said Vietnam Leather, Footwear and Handbag Association Tuesday. The association said on its website that in the first six months of 2014, Vietnam posted some 4.85 billion US dollars in footwear export revenue, up 21.54 percent over the same period in 2013. Vietnam remained the second after China in footwear exports to the United States, the European Union and Japan during the period, said the associa

We know energy crises can’t be resolved in a single day but planned load management will help the industry to minimize the problems. In these circumstances, to get immediate relief in energy crises, govt should allow the industries to generate in house power, not only for its own utilization but also to sell excessive quantity to close industries and living areas. Govt. need to fix a cost effective tariff which will guide to operate smoothly & energy crises will also be reduced effectively.”

Garment and footwear industry, Cambodia's largest income earner, saw a 16 percent increase in exports in the first six months of 2014, according to a commerce ministry's report on Sunday. The country exported apparel and footwear products worth 2.92 billion U.S. dollars during the January-June period this year, up 16 percent from 2.51 billion U.S. dollars over the same period last year, the report said. The products are mainly exported to European countries and the United States. The ex

Increase in textile exports by 3.9 percent is encouraging but the decrease in textile exports other than European Union is something which could have been avoided and the government has to address the issues which resulted in the decline. The statement was issued by Muhammad Yasin Siddik, Chairman, All Pakistan Textile Mills Association (APTMA) in response of the news item published in section of press with reference to the meeting of the National Assembly Standing Committee on Textile Industry

There is no right to trade union in 94 per cent of the apparel factories across the country, according to a survey conducted by the Department of Inspection for Factories and Establishments. The number of the registration of trade unions is poor despite repeated commitment made by the government in its progress report on GSP action plan to the United States Trade Representative, said labour rights groups. The survey on apparel sector found that there were trade unions in only 6 per cent fa

Tai Yuen Co Ltd, a subsidiary company of the Taiwan-based Yun Lon Group, was given an investment licence yesterday to build a textile mill worth US$150 million in the northern province of Ha Nam. The project, covering around 24 ha in Dong Van II Industrial Park, Duy Tien district, is expected to employ 5,000 workers. Construction will begin in August and is expected to be completed within a year. Once operational, the mill will require around 1,500 cubic metres of water for its daily opera

A worker at a local textile mill in Xinjiang. The autonomous region, which produces about 60 percent of China's cotton with less than 40 percent of the country's cotton-growing area, plans to create jobs for 1 million people for the region's textile industry within the next decade. Gao Bo / China Daily The Xinjiang Uygur autonomous region, China's prime cotton-growing area, plans to pump some 20 billion yuan ($3.2 billion) into its textile industry to create jobs and maintain social stabilit

Minister for Commerce Engineer Khuram Dastagir Khan on Wednesday reiterated government's commitment to re-operate the closed textiles units in order to enhance its annual exports to US one billion dollars and create 100,000 news jobs for the people in the country. "The government with the co-operation of the private sector is formulating a strategy for re-operating of the closed textile units while the State Bank of Pakistan (SBP) and the banks would be negotiated and convinced for the resch