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Related Keywords: Foreign invested enterprises, held workshop, leaving market, not be able to enjoy preferential tariffs, pocket most of the money, requirements on origin of products, textile and garment companies, TPP, unstable policies of the state, Vietnam Chamber of Commerce and Industry, World Bank

At a workshop held by the World Bank (WB) and the Vietnam Chamber of Commerce and Industry (VCCI), Truong Van Cam, deputy secretary general of the Vietnam Textile and Apparel Association (Vitas) said that many textile and garment companies due to the state’s unstable policies are leaving the market.

According to analyst, the government seems to be too optimistic about opportunities to be brought to the textile and garment sector by TPP.

Related Keywords: Agriculture, bring closer private sector of both countries, cotton, enhance bilateral trade, Exchange of trade delegation and participation in exhibitions, investment sectors, manmade staple fibre, Pak Romania, Pakistan exports to Romania, prospects in different trade, strengthen trade and economic relations, Textile, Textile articles

The two countries Pakistan and Romania have prospects in different trade and investment sectors, main ones are agriculture, textile, information technology, energy, engineering and construction. Khalid Tawab, Sr. Vice President, FPCCI Khalid Tawab, Senior Vice President FPCCI stressed the need for strengthening trade and economic relations between Pakistan and Romania.

The Senior Vice President FPCCI expressed his sentiment in a meeting with Ambassador of Romania H.E. Emilian Ion who visited FPCCI along with Tariq Saud Honorary Consul General of Romania in Pakistan

Related Keywords: denim fabric maker, earmarked capacity expansion plan, expand export business, expanding spinning and shirting segments, increase focus on value added segments, increase spinning capacity, largest denim producer, Nandan Denim Ltd, pure cotton denim, strengthen domestic market share, yarn dyeing shirting capacity

Nandan Denim Ltd (NDL), Ahmedabad based denim fabric maker armed with one of the most sophisticated weaving plants and other facilities, today manufactures superior grey cotton fabrics, khakis and denims. They have earmarked a capacity expansion plan to strengthen its domestic market share, expand exports business and have an increased focus on value added segments.

Nandan plans to increase its production capacity to 110 million metres per annum by the next quarter. At present, it has a denim production capacity of 71 million metres per annum.

Related Keywords: add higher value, government promoting new investment policy, Japanese investors, National Federation of Thai Textile Industries, next step into high tech garment, produce textiles for medical use, regional hub for innovative garments and medical equipment, strong potential to grow, Thai textile and garment industry, under concept of clusters

Thai textiles and garments have strong potential to grow and add higher value hence the government is promoting a new investment policy under the concept of clusters, expecting to bring Thai industries to the next level, focused on added value, said Mr. Somsak Srisuponvanit, Chairman of the National Federation of Thai Textile Industries.

Japanese investors have expressed interest in producing textiles for medical use in Thailand and making the country a regional hub for innovative garments and medical equipment, said Mr. Somsak .

Related Keywords: ban on raw -jute export, Bangladesh, BJMA, BJMC enforcement of the packaging law, DoJ, farmers in race to scale up farming, FBCCI, fueled demand for fibre, golden fiber, implementation of mandatory jute packaging law, jute farming, key player in world jute market, quality raw jute supplies, smooth supply of the item for local millers

Bangladesh is a key player in the world jute market, contributing almost 45 percent to production, while 60 percent to exports. After implementation of the mandatory jute packaging law, which has fueled demand for the fibre at home, farmers are in race to scale up farming.

After a slight decline in production last year, a bumper output of jute is expected this year as farmers this time are cultivating the fibre, encouraged by higher prices on the local market.

Related Keywords: agro processing, attract investment locally, Chinese delegation of investors, explore big investment opportunities, incentives for export-based industries, invites Chinese investors, Keda Clean Energy Company of China, Kenya created favourable and enabling environment, key sectors, leather, regionally and globally, specific tax holidays, Textile

Kenya having created a favorable and enabling environment to attract investment locally, regionally and globally invites Chinese investors to explore big investment opportunities in various key sectors including textiles, agro processing, leather, construction services and materials, energy, mining and IT related sectors that build on its comparative advantages.

Related Keywords: a subsidiary of Equate Petrochemical Company, at Dow Chemicals site, Dow will provide feedstock, enhances global footprint, Equate Petrochemical Company, ethylene cracker, ethylene glycol products, ethylene supply agreement with MEGlobal, growth strategy to maximise value, in Oyster Creek, MEGlobal, plan to build new MEG production plant

MEGlobal, a subsidiary of Equate Petrochemical Company, plans to build a new monoethylene glycol (MEG) production plant at Dow Chemical's (Dow) site in Oyster Creek in Freeport, Texas, US. The operations of which will begin by 2019.

The proposed facility will be the company's first manufacturing plant in the US. During the construction phase, the project will add 1,400 jobs and upon completion MEGlobal expects to employ around 50 new workers.

Related Keywords: businesses, Cham ancient weaving pattern, designers, exhibition of modern silk products, Katu traditional brocade weaving, organized by Hoi An Silk village, seventy delegates from nine countries, thurification for the Queen of Silk, traditional silk weaving techniques, Vietnam Asia Silk Culture Festival, welcomes silk artisans

Vietnam’s Hoi An City to host the Vietnam-Asia Silk Culture Festival 2016, organized by Hoi An Silk Village, will center around the theme “Bring traditional silk back to the modern lifestyle,” and welcomes silk artisans, designers, and businesses from China, Italy, Thailand, India, Japan, Myanmar, and more.

Over 70 delegates from nine countries will be participating from March 28 to 29 in Vietnam-Asia Silk Culture festival.

Related Keywords: allocated three hundred crore, development and setting up textile parks across the state, hundred acres land identified in Tandavapura for Textile Park, Invest Karnataka meet, investors came forward to invest over thousand crore, JSS Urban Haat, Karnataka state government, one stop shop for handloom products, recently presented budget

Karnataka state government in its recently presented budget has allocated Rs 300 core for development and setting up of Textile Parks across the state. However, at the recent Invest Karnataka meet, investors have come forward to invest over Rs 1,000 crore.

Related Keywords: bedwear, cotton carded, cotton cloth, cotton yarn, exports of low value added products drop, facing chronic energy shortages, govrnment failed to capitalize GSP plus status, made up articles, Pakistan textile sector, Raw cotton exports witnessed massive decline, RMG and towels grew, stuck up export refunds, textile and clothing exports plunge

The textile sector has been facing chronic energy shortages and stuck-up exports refunds due to which textile and clothing exports plunged from $9.166bn to $8.363 billion in the first eight months (July-February) of 2015-16 in the same period last year, a drop by 8.76 percent, according to Pakistan Bureau of Statistics data.

The decline in exports, from July 2014, was despite the preferential market access to the European Union as government failed to capitalize on the opportunity of Generalized System of Preferences Plus (GSP+) status.