Vietnam Textile and Garment Assn to Begin Trade Promotion Programs The Vietnam Textile and Garment Association (Vitas) has announced that it will start eight national trade promotion programs in the second quarter this year with funding of about US$925,000 from the State budget. The association will use the money to accelerate the establishment of a representative office and a showroom in Germany, take part in exhibitions and fairs in the United States, Germany, Hong Kong and Taiwan, and s

Cao Xiaojian turned his textile company from the brink of disaster after last year's trade disputes between China, the European Union and the United States, but he believes many problems still lie ahead. He worries about what he perceives as a stubborn protectionist mindset as seen in the EU's recent sanctions against China-made footwear. Cao is the vice-president of the Jiangsu Shuntian Co., Ltd., the largest Chinese textile enterprise in east China's Jiangsu Province. His concern for t

"No! A lower price is impossible!" Miao Renzan firmly told a disappointed Dutch buyer at the 99th China Export Commodities Fair, the largest of its kind in the country, which is being held in Guangzhou. The buyer, who wanted to be mentioned as Hellen from Hellenia Shoes company in the Netherlands, asked for a discount as the European Union had announced anti-dumping duties on leather shoes from China beginning April 7. The stance of Miao, sales manager of leading shoemaker Kangnai Group b

Brazilian shoe export revenue increased by 3 percent in first quarter of the year compared to same period last year.Brazil shoe factories recorded a turnover of US $502 million with foreign market during first three months of this year compared to turnover of $489.4 million recorded during corresponding period of previous year.Brazilian Association of Shoe Manufacturers (Abical?dos) said this performance was due to increase in average price of a pair sold at $ 8.74, valued at 7 percent higher th

It seems there is finally some good news for the ailing trade and textile industry. The government will be convening a high level meeting with the textile industry and unions, to discuss the problems facing the industry. Mandisi Mpahlwa, the trade and industry minister, says all industry stakeholders will be given a copy of a draft trade arrangement that government has negotiated with China on clothing and textile imports from that country. The clothing and textile industry has taken a knock aft

Trade traffic statistics compiled by the Statistics Department of Dubai Ports, showed that the textile market in the Middle East has continued its strong growth in 2005, with total trade through Dubai touching an astonishing $5.8 billion, an increase of 15 percent over the previous year, Khaleej Times reported. Total imports increased from $3.3 billion in 2004 to $3.6 in 2005, whereas re-exports increased from $1.6 billion to $2 billion over the same period. Total value of exports was pegged at

Since the beginning of this century, bilateral trade between China and the United States has risen rapidly, benefiting both sides. According to China customs statistics, China's exports to the United States were US$52.1 billion in 2000 and reached US$162.9 billion in 2005, an increase of 212 per cent. According to US customs statistics, the US exports to China were US$16.2 billion in 2000 and reached US$41.8 billion in 2005, an increase of 157 per cent. Among the top 15 trade partners of the U

Textile market of Middle East has continued to show an upward trend in 2005, with the total trade through Dubai reaching AED 21.5 billion, an increase of 15 percent compared to previous year, as per Statistics Department of Dubai Ports, Customs and Free Zone Corporation (PCFC).Total imports zoomed up from AED 12.1 billion in 2004 to AED 13.4 in 2005, whereas re-exports increased from AED 5.8 billion to AED 7.1 billion over the same period. Total value of exports recorded was AED 894 million, up

Trade and Industry Department of Hong Kong reported that The Mainland of China : Notice Concerning the Official Results of the Second Bid Invitation on Quantitative Limits for Textile Exports to the European Union and the United States in 2006.The Committee on Bid Invitation for Quantitative Limits of Textile Exports of the Ministry of Commerce issued on 12 April 2006 a notice concerning the official results of the second bid invitation on quantitative limits for textile exports to the European

BEIJING - Trade between China and India is growing so quickly that China is expected to supplant the US as India's single largest trading partner within just a few years, analysts say. But areas of conflict within the growing relationship remain, including a demand from China that India grant it "market economy" status, and recently failed negotiations between the two states over a new long-term contract for iron ore. China to overtake US as top Indian trade partner China will likely emerge