Recover™ expands its global footprint with a state-of-the-art recycling facility in Vietnam. This strategic move supports circularity in textiles and strengthens Recover’s sustainable solutions for global brands.
Business News
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Le Tien Truong, chairman of Vinatex, Vietnam's largest textile and garment producer, urged to follow Bangladesh's lead to regain RMG industry position. Reports claimed.
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Vietnam's apparel manufacturing sector grew significantly in October, demonstrating endurance in a cutthroat international market, according to reports, which is a major boost to the country's economy.
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Vietnam's textile industry is booming, with exports reaching US $ 36.11 billion in the first 10 months of the year. As the holiday season approaches, garment makers are gearing up for increased demand from key markets like the US and Europe. Vietnam aims to hit a record US $ 44 billion in exports this year.
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Vietnam recorded a trade surplus of US $ 2 billion in October, a decrease from the previous month as imports outpaced exports, as per reports.
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Sportwear retailer Puma has launched its first flagship in Vietnam. The launch is part of Puma’s Southeast Asian development strategy.