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% of Philippine abaca to be used for masks, personal protective equipment
According to the Philippine “Business Mirror” report on August 4, the Philippine Fiber Industry Development Authority (PhilFidasdfssdfs) stated that this year’s a…
Sri Lanka’s garment exports may decrease by US$100 million
According to Sri Lanka’s “Daily Financial Times” report on August 6, industry insiders warned this week that although Sri Lanka’s clothing exports have rebo…
Exports of textiles and clothing. 100 million U.S. dollars
According to customs statistics, my country’s exports of textile yarns, fabrics and products in July 2020 were US$15.9769 billion; from January to July 2020, my country’…
Rupee exchange rate falls, Pakistani yarn exports to China increase
In the past week, domestic yarn transactions in Pakistan were weak during Eid-ul-Fitr. The price of 30-count carded yarn did not change, and the export quotation also remained stab…
Orders return, Ruhong’s revenue hits record high
Benefiting from the return of orders, textile stock Wang Ruhong’s revenue in July was 2.733 billion yuan, an annual increase of 22% and a monthly increase of 42.5%, setting a…
Some textile companies in Vietnam have still not received the second half of orders from foreign customers.
According to the Vietnam Ministry of Industry and Commerce’s survey statistics on Vietnam’s textile industry, as of July 31, 2020, some textile companies in Vietnam have still not …
/Myanmar’s garment exports totaled US$1 billion
Global New Light of Myanmar reported that according to statistics from the Ministry of Commerce, in the past 10 months of the 2019/20 fiscal year, the export volume of garments man…
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VFCorp opens first multi-brand retail store
American ready-to-wear giant VFCorp revealed plans to open its first multi-brand store this fall, a move that further promotes its strategy of becoming more consumer-conscious, ret…
Billion dollar tax product exclusion extension
On August 6, 2020, the Office of the United States Trade Representative announced a list of products with an extended exclusion period from the additional tariffs on US$200 billion…
The epidemic has not abated, but Vietnam’s second half of textile exports are still struggling.
According to the latest data released by the General Administration of Customs of Vietnam, Vietnam’s import and export trade volume in the first six months of 2020 was approximatel…