• U.S. manufacturing faces USD 400 billion COVID-19 impact
      The U.S. manufacturing industry, including the apparel and textile sector, is on the verge of severe negative impacts due to COVID-19, according to a new report from global business intelligence firm Creditsafe. The report said many manufacturers, also including industrial m
      Dec 02, 2020
    • RCEP: further boosting regional trade and investment growth
      At a press conference held on the 19th, Gao Feng, spokesperson for the Ministry of Commerce, said that RCEP will help foster a fair, transparent, stable and predictable policy environment for Chinese foreign trade companies and other relevant enterprises. As RCEP parties exercise tariff co
      Dec 02, 2020
    • The turnover of Dieshiqiao home textile market in the first three quarters is 89.684 billion yuan
      It is reported that in the first three quarters, the turnover of the Dieshiqiao home textile market was 89.684 billion yuan, a year-on-year increase of 3.56%, and it showed a continued upward trend.
      Dec 02, 2020
    • Japan aims to expand CPTPP trade pact
      Japanese Prime Minister Yoshihide Suga recently said his country wants to expand the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). “Japan will aspire for the Free Trade Area of the AsiaPacific through the early conclusion of the RCEP agreement and the stead
      Dec 02, 2020
    • Indo-Vietnam trade expected to cross USD 20 billion by 2025
      From a meagre USD 200 million in the year 2000, bilateral trade between India and Vietnam has seen steady growth over the years. India & Vietnam have healthy trade relations of around USD 13 billion and it is expected to cross USD 20 billion by 2025. From a meagre USD 20
      Dec 02, 2020
    • Vietnam: PM urges garment, footwear sectors to build brands, promote supply chain linkages
      Hailing their achievements, Prime Minister of Vietnam said that the textile-garment and footwear industries play an important role, employing a huge number of workers, up to 4.3 million. Their exports account for a large proportion of the total national export turnover. In 2019, these two
      Dec 02, 2020
     
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