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2014-08-03 17:00:00
Vietnam fails to reach its FDI targets over policy shortcomings
Investors continue to pour money into labor-intensive manufacturing (particularly garment and footwear and automobile factories) which mostly rely on imported materials and equipment. According to
2014-08-01 17:50:00
Western buyers find Vietnam the perfect alternative sourcing location to China
Vietnam is expected to be one of the fastest growing suppliers of textiles and clothing to Western markets over the next few years. Its textile industry has also outnumbered the firms of Bangladesh
2014-07-31 14:52:00
Cotton sowing picks up slowly despite monsoon reviving, but is far below last year
Cotton area down Cotton sowing was slow to pick up over the past three weeks despite South West monsoon rains regaining strength over India. Area under cotton which was around 35.86 lakh hectares in
2014-07-29 17:19:00
Off-season and costlier raw material squeezes nylon making
Nylon filament makers in Asia have been facing dual challenges in recent times. On one hand raw material cost has been galloping while on the other hand, demand is shrinking at an equal speed. This,
2014-07-29 11:00:00
Jute mills practicing unfair trade to be banned from government quota
Some jute mills, including a majority of them belonging to Indian Jute Mills Association (Ijma), have been found illegally importing jute bags from Bangladesh and Nepal at a cheaper price to sell it
2014-07-20 21:00:00
Bangladesh RMG sector reduce reliance on imported raw material
Bangladesh readymade garment (RMG) manufacturers which dependent heavily on imported cotton yarn and woven fabric having gradually started using more such local raw materials for the export industry.
2014-07-19 17:00:00
Poor demand from spinning mills to slew cotton prices
With China continuing to decrease cotton yarn imports from India, demand for cotton from domestic spinning mills for producing yarn is set to decline, it is also low purchasing power that has led to
2014-07-19 15:30:00
Multiple schemes and programme on hand to improve overall handloom sector in India
India as a whole country has around 43.32 lakh handloom weavers and allied workers and more than 40 % of weavers are women. To improve the living standard of handloom weavers and sustainable
2014-07-14 17:17:00
Benzene firms up again lifting the value chain
Asian benzene prices were on a bull-run since mid-May, gaining a total US$173.50 a ton until June-end, partly fuelled by supplies shortages in South Korea and Japan, as well as the strong crude
2014-07-11 22:30:00
Vietnamese enterprises want to take up China plus one policy to ease reliance on China
China plus One or China +1 is an international business strategy that consists of the expansion of one company's current operations in China, to another country having low wage rate, strong
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