DyeCoo's waterless dyeing, found to reduce greenhouse gas emissions by 58 per cent, gains Adidas' endorsement. The technology garners global interest for sustainable fashion
Business News
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Factory wages in Vietnam, a leading apparel exporting country, have more than doubled since 2011, to US $ 320 a month. Apart from this, there are some interesting benefits being given to workers.
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Changes proposed to a trade system that would make foreign companies like Korean textile firms in Vietnam no longer eligible for tax exemptions has sent jitters across the textile market.
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Vietnamese textile units are turning to sustainable practices in order to keep up with international export demands.
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Apparel exports from Vietnam and Myanmar experienced growth during January-April 2023. Vietnam emerged as a prominent exporter, while Myanmar's exports showed impressive growth during this period.
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There has been a 17.8 per cent decline in Vietnam's apparel exports in the first five months of this year, which shows a decline in earnings over the same period.
