Vietnam’s garment and textile industry has so far posted a year-on-year rise of 16.4% in export value to reach US$10.21 billion. The highest growth was seen in the Republic of Korea market with 30.1 percent, followed by the US and Europe, 14.5% and 11.3%, respectively, said Tran Viet, head of the market department of the Vietnam National Textile and Garment Group (Vinatex), at a press conference in Hanoi on June 16. Since the beginning of this year, the State-run group

Though the Chinese soccer team is again absent from the World Cup, Chinese products, from mascot Fuleco to official instrument the caxirola and hybrid buses, stand out. "Since March, our factory has continuously received overseas orders. By the opening of the event, we had exported more than one million footballs," said Wu Xiaoming, general manager of a sports products manufacturer in Yiwu City, in East China's Zhejiang province. Many orders came from South American countries. The World

The earnings from sales of cotton are likely to increase in the current season to E16 million owing to significant increase in production, according to Minister of Agriculture Moses Vilakati. The production of cotton in Swaziland has increased significantly from 394 tons to 2,485 tons between 2008 and 2013, Minister Vilakati said during the launch of cotton ginning for the 2014 season at Big Bend in eastern part of the country, Swazi Observer reported. The Minister said that income from co

Football fever will outshine electoral excitement as a fillip to apparel sales, the Indonesia Textile Association chairman predicted over the weekend. Ade Sudrajad said the association estimated supporter outfits for the 2014 World Cup would add 15 percent to Indonesia’s clothing exports, bringing to $3.5 billion sales over the first six months of this year. Those $525 million worth of jerseys and jackets would boost overall textile product exports to $13.5 billion, he said. Sales have

The first three quarters of this year have witnessed a reasonable boost in export of readymade garments which touched US$ 1430.43 million mark, showing an increase of 9.36 percent as compared to same period last year. The readymade garments area fetched US $ 1308.002 million in July-March 2012-13 while the exports also increased to 21.806 million dozens in various types of readymade garments this year from 19.971 million dozens last year.Textile Ministry sources on Sunday said readymade garment

Pakistan is the 1st largest exporter and 4th largest producer of the cotton yarn around the world. Pakistan textile is the backbone of Pakistan’s industry. Over the past few years, textile sector face a huge decline in national and international market but now it is coming back to its original form and start helping the Pakistan’s economy. As a largest industry of the country, textile is shining star in terms of profitability because of regional demand and profit margin. We took the sample o

The Sri Lankan apparel trade today is well renowned around the world to be the most cutting edge and innovative when it comes to apparel manufacturing in the world. With a very long history of manufacturing in the island and throughout the challenges which this industry has faced to this day the garment manufacturing stands much stronger than it has been ever before where the exports from this industry within a year increased by 11% (which was the biggest increase annually in 2013 compared with

Notwithstanding the stronger rupee and slower growth in Western markets, India's apparel exports are set to cross $ 17 billion mark in FY'15 from $ 15 billion in FY'14, a senior industry official said here today. "India's total textile exports stood at $ 32 billion of which apparel exports were $ 15 billion in FY 14. The industry is doing well and we expect apparel exports to touch $ 17 billion this year, a growth of 15 per cent," Clothing Manufacturers' Association of India (CMAI) Chairman,

The government is expected to increase incentives for the labour-intensive textiles industry in the forthcoming Budget to boost sector's exports and manufacturing. As a part of support to the textiles sector, the government may enhance allocation for the Technology Upgradation Fund Scheme (TUFS) in the Budget, sources said.TUFS, launched in 1999, facilitates modernisation and upgradation of textiles industry by providing credit at reduced rates to entrepreneurs both in the organised and the u

The exports of garments and textiles from Cambodia grew by 8.98 percent to US$ 1.173 billion in the first three months of the current year, compared to exports of $1.076 billion made during the same period last year, according to the consolidated released by the Garment Manufacturers Association in Cambodia (GMAC). As per GMAC’s revised month-wise garment and textile export figures, Cambodia exported $287.07 million worth of goods in January 2014, followed by exports of goods valued at $440.7