Lưu trữ Danh mục: News

ERP in textile industry: advantages, risks, and key requirements

Enterprise Resource Planning (ERP) is a tested technology application that offers a competitive edge to businesses in the global economy. EPR is particularly crucial in the textile industry, known for its labor-intensive nature and complex network of input materials, products, and supply chain connections.

Vinatex and Coats introduce flame-retardant fabrics at the 17th International Exhibition on Techniques and means of fire prevention, fighting and rescue, and security and safety equipment

From August 14 to 16, the 17th International Exhibition on Techniques and Means of Fire Prevention, Fighting and Rescue, Security and Safety Equipment will take place at the Saigon Exhibition and Convention Center, 799 Nguyen Van Linh, District 7, Ho Chi Minh City. The exhibition is organized by the Police Bureau of Fire Prevention, Fighting,…

Engagement with Vinatex through Contribution-Understanding-Sharing of representatives of the group’s share at member units

The development process of the management of representatives of the capital of Vietnam National Textile and Garment Group (VINATEX) at enterprises. Since 1999, when the first member unit of the Group was equitized, a new concept began to emerge within the title system: the representatives of the Group share at these joint stock units. In…

PD&B Realizing the Strategic Goal of “One-stop Destination” & Forming a Strong Knitted Textile Chain

In July, the Vinatex Fashion Product Development and Business Center (Vinatex PD&B) officially begins operations. This is one of the new sectors within the operational model of the Vinatex Fashion Center. On this occasion, Vietnam Textile-Garment and Fashion had an interview with Mr. Vuong Duc Anh, Director of the Vinatex Branch – PD&B. *Congratulations on…

Flexible loan policies are needed to maintain production.

In 2023, enterprises faced many challenges, leading to a reduction in production and downsizing of business operations. Business efficiency also suffered a severe decline. In the first quarter of 2024, there are signs of recovery in the export market, including textile and garment products. Along with a decrease in bank interest rates, businesses are expected…

Developing Textile Garment Workforce: Correct Understanding, Right Action

According to President Ho Chi Minh, people are the most precious resource and the key factor in the success of the revolution. Throughout his revolutionary career, President Ho Chi Minh always considered human issues, human work, and human training as his primary concern and noble responsibility. Following his ideology, the Vietnam National Textile and Garment…

Improving living quality for textile garment workers

The Vietnam National Textile and Garment Group (Vinatex) currently employs nearly 65,000 workers across its member units, with an average monthly income of over VND9.4 million per person. Over the years, Vinatex’s success has been closely linked to the commitment to improve the quality of life, income, and working conditions for their workers, even during…

Constructive Journalism: Partnering with Businesses for Growth

Press media is a vital channel for promoting enterprises, guiding public opinion, and building labor trust. In their mission, the press and businesses share a symbiotic relationship that supports mutual growth. In the special issue celebrating the 99th anniversary of the Vietnam Revolutionary Press Day (June 21, 1925 – June 21, 2024), the Vietnam Textile…

Will the Weak Demand “Cool Down” the Green and Sustainable Development Trend in the Textile-Garment Industry?

In the global fluctuation, the green and sustainable development trend is still the future trend. However, the current weak demand poses significant challenges for companies in implementing solutions for this trend. Fashion and sustainable material companies face difficulties in attracting investment and maintaining stable business operations. Some sustainable development regulations in the EU have been…

Textile market in April and economic outlook in 2024

In 2024, according to the IMF’s April 2024 report, the world economy in April is forecasted to be better than January 2024 report, world economic growth is forecasted to recover at 3.2%, an increase of 0.1% compared to the January 2024 forecast however it remains lower than the average growth rate before the Covid epidemic…