Zara's parent company last year made an investment in a circular technology that made its debut at Milan Design Week a few days ago.The fast fashion retailer teamed with textile recycling firm Circ to release a line of women's apparel made with recycled polyester and cotton fibers, addressing one of Read More

Stockholm-headquartered automotive safety systems leader Autoliv is to build a new state of the art airbag cushion and fabric plant in Vietnam.The investment is in response to high customer demand and is intended to meet expanded future airbag production needs for the growing Asia market.It will be Read More

Japanese fashion retailer Uniqlo, one of the major players in the world market, is expanding its geographical presence in Europe. The company will open its first store in Luxembourg.The area of the first outlet, which will open in the prestigious Grand Rue location, will be 10,000 square feet. It is Read More

Qinzhou Port in South China handled 31.89 billion yuan ($4.61 billion) of goods imported and exported via the New International Land-Sea Trade Corridor in the first quarter of this year, an increase of 77.4 percent year-on-year.The land-sea trade corridor is a trade and logistics passage jointly bui Read More

China's total imports and exports expanded 5.8 percent year on year to 13.32 trillion yuan in the first four months of 2023, official data showed Tuesday.Exports grew 10.6 percent year on year while imports rose 0.02 percent in the first four months, it added.In U.S. dollar terms, total foreign trad Read More

The manufacturing data was also not optimistic. On April 3, the Vietnam Manufacturing Purchasing Managers Index (PMI) released by S&P Global in March was 47.7, lower than the 51.2 in February, and it was the fourth time of below 50 in the past five months.According to the report of the Vietnam Texti Read More