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Vietnam is an important trading partner for South Korea’s textile, leather and footwear industries
Kyoung Don Kim, head of the investment promotion group of the Korean Trade and Investment Promotion Agency in Hanoi, said that South Korea is the largest investor in Vietnam’s textile industry. As of 2019…
Many Swedish chain brand stores close
Swedish Radio reported on December 27 that sports chain Intersport is conducting a discount clearance event in Scandinavian shopping malls because the store will close in early 2022. Last year Intersport closed…
Bangladesh exports hit new high
According to Bangladesh’s “Daily Star” report on January 3, Bangladesh’s export revenue hit a record high in December 2020, supported by surge in demand from international retailers in E…
Bangladesh retrains garment industry workers for second industrial revolution
In response to the challenges brought about by the 4th Industrial Revolution, the Bangladesh government is facing pressure to retrain workers in the garment industry. The Bangladesh Garment Manufacturers and Ex…
The United States launches the fourth anti-dumping review investigation into polyester staple fiber from Taiwan, China
On January 3, 2022, the U.S. Department of Commerce issued an announcement to launch the fourth anti-dumping sunset review investigation into polyester staple fiber (Polyester Staple Fiber) imported from Taiwan…
Cambodia’s footwear and travel goods industry recovers as some factories face labor shortages
According to Lord Li Kuntai, Honorary President of the Cambodian Footwear and Travel Products Chamber of Commerce, the COVID-19 epidemic has had an impact on the Cambodian shoe and travel products industry, and…
Lesotho’s new rules require workers to receive COVID-19 vaccine, textile industry employers under pressure
According to a report by Lesotho local media Metro on January 7, employers in the textile and clothing industry in Lesotho may face serious boycotts and lawsuits if they forcibly fire employees who have not bee…
Bangladesh’s garment exports rebound strongly
According to a report by Bangladesh’s “Daily Sun” on January 9, with the recovery of economic activities at home and abroad in Bangladesh, Bangladesh’s clothing export volume will increa…
WTO: – Apparel trade grew by % year-on-year, textiles fell by %
The World Trade Organization (WTO) recently stated that in the first three quarters of 2021, total apparel trade increased by 5% compared with the same period in 2020, and textiles declined by 7%; even though t…
South Korea imposes anti-dumping duties on fully drawn polyester yarn from China
On January 6, 2022, South Korea’s Ministry of Planning and Finance issued Announcement No. 2022-22, which officially banned polyester originating in China in accordance with Order No. 888 of the Ministry of Pla…