Taiwan’s export orders fell at a slower price than expected in April, but the government says May will bring a seventh straight month of contraction as slowing global tech demand continued to hurt the island’s trade-reliant economy. Orders in April dropped 3.7% from a year earlier to...
Vietnam’s garment and textile exports exceeded $36 billion last year and is expected to top $40 billion this year, according to the Vietnam Textile and Apparel Association (VITAS), whose chairman Vu Duc Giang recently said 7,000 enterprises in the sector provide jobs to 3 million. The growth...
The inclusion of chapters 50-60 in the recently imposed additional tariff on Chinese imports by the US has put India in an advantageous position, according to the Confederation of Indian Textiles Industry (CITI). Indian textile industry has an opportunity to increase its exports to US, particularly cotton...
Australia and the International Labour Organisation (ILO) have strengthened their partnership to improve working conditions, advance women's economic potential and boost the competitiveness of Bangladesh's readymade garment (RMG) sector. The partnership has been strengthened by the re-commitment of funds for the ‘Better Work Bangladesh’ (BWB) programme. A...
China’s factory activity likely expanded at a steady but modest clip in April, marking the second straight month of improving business conditions, as government growth-boosting measures buoy the vast manufacturing sector. Continued signs of expansion, following surprisingly strong March data, would add to views that the world’s...
China invested about $1.6 billion in Vietnam in the first four months of this year, making it the country’s fourth largest source of foreign investment, according to the Foreign Investment Agency under Vietnam’s ministry of planning and investment. Chinese investors funded several large projects in the period...
With his trade war with China heating up, Donald Trump is suddenly talking up a quick deal with Japan to help out ailing American farmers. Yet leaders in Tokyo are in no rush to assist a US president who has repeatedly threatened them with higher tariffs. Trump is expected to mention...
Despite Eastern European countries being an important export market for Vietnamese goods, the total trade revenue between both sides fell short of the potential, with bilateral trade reaching $10.1 billion in 2018—2.65 per cent of the country’s total export revenue, according to Vietnam’s deputy minister of industry...
ruppur The 46th India International Knit Fair was recently organised in Tamil Nadu’s Tiruppur by the Apparel Export Promotion Council (AEPC) and India Knit Fair Association (IKFA) in the backdrop of the ongoing US-China trade war, according to IKFA chairman A Sakthivel. Exhibitors from...
A.T.E. and Luscher have joined hands for the sales and marketing of UV laser direct exposing units for rotary screens in India. Luscher is a manufacturer of state-of-the-art imaging systems for various printing technologies, and caters to the graphic arts and textile industries. A.T.E. is provides new...