Category: Emerging Markets
VNB Fashion to open knitwear plant in Serbia
VNB Fashion is to open a knitwear plant in Grdelica, Serbia, in July.
Government to increase silk production with Vietnamese assistance
The government of Uzbekistan together with Asia Silk, one of Vietnam’s largest silk textile producers, plans to significantly expand the existing facilities for the production...
Philippine textile sector getting back on track
Although considered a sunset industry, the Philippine textile sector is getting back on its feet, concluded industry stakeholders at a recent seminar.
Central Java selected for textile factory relocation
Indonesia’s Ministry of Commerce through the Directorate General of Export Development has stated that several countries are thinking of relocating textile production to Central Java.
National export strategy launched in Myanmar
Myanmar is to expand its textile and clothing industry under a new national export strategy as a means to boost economic growth.
Dong Nai licenses US$600m fibre project in Vietnam
The Dong Nai Industrial Zones Authority has granted an investment licence to Turkey’s Hyosung Istanbul Tekstil to develop a US$600m fibre production project in the...
Large textile complex starts construction in Uzbekistan
A Dutch firm named as Textile Cooperatief has started constructing a large textile complex in the Kashkadarya region of Uzbekistan, according to Uzbekyengilsanoat, which unites...
Latvian textile production to decline by 25-30%
The volume of textile production in Latvia could decline by 25-30% this year compared with 2013, which may result in serious losses and the collapse...
Russia’s Gloria Jeans fails to attract foreign investors
Gloria Jeans, Russia’s leading clothing retail company, will not sell its 25% stake to investors for US$250m owing to a deterioration of the business environment...
Cambodian Labor Ministry refutes Human Rights Watch report
Calling the recently released report by Human Rights Watch (HRW) about systematic Labor Law violations and corruption in Cambodia’s clothing sector “groundless”, the country’s Ministry...
Indonesian Ministry earmarks funds to replace old machines
Indonesia’s Ministry of Industry plans to allocate IDR100bn (US$7.
Demand for Philippine abaca to grow by 5.7%
Over the next five years, the Philippines is predicted to remain the world’s leading source of abaca, the strongest-known natural fibre, according to a global...
Vinatex to build factory complex in Quang Nam
The Vietnam National Textile and Garment Group (Vinatex) has commenced construction of a factory complex in the central Quang Nam province, reports baodautu.
Swiss export ‘stealth’ textiles to Russia in spite of sanctions
A shipment of high-tech “stealth” textiles to Russia was approved after Switzerland extended measures to ensure its companies do not bypass international sanctions on military...
HCC to build carbon fibre plant in Tatarstan
Russia-based Holding Company Composite (HCC) is to build a 1,700 tonne carbon fibre plant in the Republic of Tatarstan, Russia, which could eventually grow to...