News
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Vinatex and the Market: A two-way interaction (May 2026)
Monday, 08/06/2026, 08:53UAE Withdrawal from OPEC, OPEC+, OAPEC: Implications for Textile and Garment Supply Chains The United Arab Emirates’ (UAE) announcement that it will withdraw from OPEC, OPEC+, and OAPEC effective May 1, 2026 is adding further pressure to the global energy market, following a period of intense volatility caused by tensions in the Middle East. As...
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Occupational Safety and Health: A New Benchmark for Competitiveness in the Textile and Garment Industry
Monday, 08/06/2026 , 08:53 -
WAVES – A Summer Symphony Through the Lens of Fashion
Monday, 08/06/2026 , 08:52 -
Proactively Accelerating Growth Amid Dual Challenges
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Managing Textile and Garment Supply Chains in an Era of Uncertainty: From Cost Optimization to Enhancing Efficiency Through Resilience
05/06/2026For decades, the competitive advantage of the global textile and garment industry was primarily built on a cost-optimization model: large-scale production, low inventory levels, and order allocation to countries with competitive labor costs. This model operated effectively in an environment of open trade, stable logistics, and predictable demand. However, the post Covid-19 business environment has...
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Hung Yen Garment Corporation – Joint Stock Company: Six decades of “Preserving Pride – Reaching New Horizons”
05/06/2026Hung Yen Garment Corporation – JSC (HUGACO), which began as a small state-owned local enterprise, after six decades, has firmly established itself as one of Vietnam’s leading textile and garment enterprises. HUGACO stands as a successful example of Vietnam’s economic reform process over the past 40 years, not only creating a highly efficient joint-stock enterprise...
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Confidence – Autonomy – Resilience: The prevailing theme across the 2026 general meetings of shareholders within the Vietnam National Textile and Garment Group
05/06/2026We have basically completed the 2026 general meeting of shareholders across member companies with capital contributions from the Vietnam National Textile and Garment Group, with only a few companies and the Group’s parent company expected to finalize their meetings later this May. Overall, 2025 was a year of highly consistent business performance across all enterprises. ...
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VINATEX MAGAZINE, MAY 2026
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Businesses Flexibly Adapt Production and Operations for Greater Efficiency
26/05/2026Successive “shocks” have hit the global market, directly affecting export-oriented enterprises. Amid continuous challenges, Vinatex and its member units are striving to implement key measures in order to respond flexibly to market volatility, minimize risks, and maintain stable production and business operations under “normal” conditions. Mr. Nguyen Hung Quy – Executive Director of Vinatex and...
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Vinatex Delivers Resilient Q1 Performance Amid Market Volatility
26/05/2026Geopolitical volatility, the global energy crisis, and ongoing shifts in supply chains continue to place the textile and garment industry under unprecedented pressure. In this context, Vinatex still recorded positive business results in the first quarter of 2026, while proactively implementing response measures to maintain its growth momentum throughout 2026. General Director of Vinatex, Mr....
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Vietnam’s Textile and Garment Industry: Overcoming the “Dual Challenge” and Reshaping the landscape
26/05/2026Facing pressure from geopolitical competition and new trade barriers, Vietnam’s textile and garment industry is striving to find solutions to the challenges of cost management and productivity. By combining flexible management strategies with the power of AI and robotics, Vietnamese enterprises hope to maintain their key position in the global supply chain. Multiple Challenges from...
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Vinatex Builds Three Internal Pillars – Three Strategic Breakthrough for 2026
26/05/2026On May 20 in Hanoi, Vinatex held its 2026 Annual General Meeting of Shareholders. At the meeting, General Director of Vinatex – Mr. Cao Huu Hieu, presented the 2025 business performance report, highlighting strong growth across multiple indicators and results that exceeded planned targets. Accordingly, consolidated revenue in 2025 reached VND 19,486 billion, up 6.1% compared to 2024 and fulfilling...
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Vinatex and the Market: A Two-Way Interaction
21/05/2026Strengthening Administrative Sanctions for Violations in Fire Prevention, Firefighting, Rescue and emergency respone Decree No. 69/2026/ND-CP amending and supplementing Decree No. 106/2025/ND-CP officially took effect on April 20, 2026, with several notable new provisions, including: – Additional fines ranging from VND 30 million to VND 40 million for acts of failing to equip mechanized firefighting...
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Data-Driven Cost Management in the Smart Textile Industry: From Digitalized Manufacturing to Financial Decision-Making
21/05/2026The rapid development of digital technology and smart manufacturing is fundamentally transforming the operating model of the global textile and garment industry. Textile and garment products are increasingly integrating advanced technologies, ranging from functional materials to electronic devices and data systems, making cost structures far more complex than those of traditional manufacturing models. In this...