Domestic garment and textile companies will have many opportunities to increase exports as well as dismantle current trade barriers when the country becomes a member of Trans-Pacific Strategic Partnership (TPP). The assessment was voiced at a conference held yesterday in the southern province of Dong Nai by the province’s People’s Committee and the Viet Nam Textile and Apparel Association (Vinatas). It was reported that as of 2012, the industry has had 6,000 companies and 2.5 million worke

According to China Apparel Industry Report, 2013-2016, China's apparel market size will reach RMB 1.1 trillion in 2016. In 2012-2013, China's apparel industry continues the status of adjustment, enterprises focus on destocking, and the production grows at a low speed. In 2012, China's apparel output was 26.728 billion pcs, up 6.2% year on year, the growth rate declined by 1.94 percentage points. In the first quarter of 2013, China's apparel output was 5.754 billion pcs, up 1.06% year on year;

- File Photo by AFP The ongoing slide of the Indian currency is poised to cause some major dents to Bangladesh's garment exports, as the two neighbouring countries compete in the same segments globally. The rupee slumped to a record low last week amid growing concerns over the health of the Indian economy. Although both the Bangladeshi taka and the Indian rupee now have more or less the same denomination value against the dollar, the rupee’s downtrend suggests it is bound to get cheap

Cotton processors in northwest China's Xinjiang Uygur Autonomous Region are planning to build a cotton trading center in the country's largest cotton planting area. The center will be located in the Xinjiang Huijin Logistics Garden, Korla City, in southern Xinjiang. It will be jointly supported by 17 cotton purchase and processing enterprises with a total investment of 1.5 billion yuan (242 million U.S. dollars). The first phase of the project, with an investment of nearly 300 million yuan

Advanced Supply Chain (ASC) has invested ?300,000 in new garment finishing facilities at its Halifax site, to meet growing customer demand. The company processes apparel for UK fashion retailers such as Next, Asos, and George, and has recently invested ?5 million into a new distribution fleet. The new investment comes in response to a number of new contract wins, and is set to increase the site’s potential capacity by a third, the equivalent of a throughput of 60 million iteams each year. “Th

The second half of the year will be more difficult for the Chinese textile industry because of rising labor costs and slugging international demand, said a senior government official. The industry is also plagued by a wide gap between domestic and imported cotton prices, said Zhu Hongren, chief engineer of the Ministry of Industry and Information Technology, at a forum on Wednesday. The ministry will support the industry through a series of measures, including encouraging innovation in high-en

The Russian government is to conduct a special investigation into imports of fabrics made from synthetic fibres within the territory of the Customs Union of Russia, Kazakhstan and Belarus. The investigation is the result of recent calls from Russia’s leading producers of synthetic fibres and technical fabrics, including Baltex, Detskaya Odezhda, Don-Tex Kursk plant of Technical Fabrics, Mogotex, Tchaikovsky Textile Company and others. According to the producers there is a need to impose a sp

The exhibition will host a conference on "Cotton production in Turkmenistan and the world market" which will be dealt with pressing issues that the world cotton and textile industry. The third international cotton exhibition fair in Turkmenistan will take place in the Sergi Koshgi exhibition palace in Ashgabat on November 23-24, 2013, the event organizers' statement said. Turkmenpagta (Turkmencotton) State Concern, The State commodity and raw materials exchange of Turkmenistan and State Chambe

Massive opportunities are about to open up for Pakistan to at least double its share in the global textile and clothing trade of $800 billion, from slightly above 1.5 per cent to three per cent over the next two to three years. But, unfortunately, the country is not fully geared up to grab the upcoming opportunities. China’s dwindling share in the global textile and clothing business, because of surging cost of production there, and Pakistan’s expected duty-free access to the European Union (

A weak Indian rupee, may not be bad for everyone. Indeed, it has proved to be a boon for the country's textile sector. After a 5% drop in the last fiscal through March to $31.7 billion, India's textile exports are expected to grow 15% in 2013-14 on a pick-up in orders, senior industry executives said. Apart from the Indian rupee's depreciation against US dollar of over 21% since April, economic recovery in the US — India's biggest textile and garment export destination — safety issues at Banglad