China’s reopening a double-edged sword for Vietnam’s textile sector

China’s reopening a double-edged sword for Vietnam’s textile sector

As China reopens its economy, Vietnam’s textile-apparel sector will have the opportunity to start exporting to its northern neighbor again, but will also face competition from its main export rival to the U.S. market.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Clothing chain Uniqlo plans 2 stores, factory in Binh Duong

Clothing chain Uniqlo plans 2 stores, factory in Binh Duong

Uniqlo, a clothing chain under Japanese retailer Fast Retailing, aims to open two stores next year and one factory in the southern province of Binh Duong, says Sato Ryota, CEO of Uniqlo Vietnam.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese direct-to-consumer startup raises $4.3 mln in series A round

Vietnamese direct-to-consumer startup raises $4.3 mln in series A round

Menswear brand Coolmate has netted $2.3 million from GSR Ventures and Do Ventures as an additional to its series A round, raising the round’s total to $4.3 million, the Vietnamese clothing supplier said Monday.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7