Garment factory closed, severance pay for employees

Garment factory closed, severance pay for employees
Thai News Agency MCOT, Thailand

SAMUT PRAKAN, July 19 (TNA) – A garment firm, Thai Silp South East Import Export Co, will shut down its factory on August 7 due to heavy loss and offer severance pay to about 6,000 employees, Labour Minister Apai Chandanachulaka said Thursday.

About 200 policemen were on guard as employees peacefully rallied outside the factory in Bang Phli district of the Bangkok’s outlying province.

Sakda Thepcharoenniran, chief of the Samut Prakan branch of the Labour Protection and Welfare Deparment, said the company would hand out a portion of the total severance payment while the rest would be paid after it manages to sell its properties. Read more about Garment factory closed, severance pay for employees

Vietnam : MOT names firms to export synthetic trousers to US

Vietnam : MOT names firms to export synthetic trousers to US
July 18, 2014/Fibre2fashion.com, India

On 17 July, Vietnamese Ministry of Trade (MOT) announced list of enterprises to export goods categories no. 647/648 (synthetic fibre–trousers for men and women) to the US market by signing Notification No.0279/BTM-DM.

Export quota for these enterprises will be supplied from auto–visa fund that remained by 10 July 2014. Read more about Vietnam : MOT names firms to export synthetic trousers to US

Textile Group's profit rises 47.9 percent

Textile Group’s profit rises 47.9 percent
Vietnam Economic Times, Vietnam

The Viet Nam Textile and Garment Group (Vinatex) in the first six months this year made increases of 19.4 percent in revenues and 47.9 percent in profit as compared to the same period last year.
The Group has been keeping stable growth pace since it was restructured on the base of the Viet Nam Textile and Garment Corporation late last year. Read more about Textile Group's profit rises 47.9 percent

Third garment material trading session held

Third garment material trading session held
By HONG NGOC
Saigon Times Daily, Vietnam

(SGT-HCMC) About 30 textile and garment enterprises joined a trading session for the sector’s machinery and materials in HCMC yesterday during a conference of the HCMC Association for Garment-Textile-Embroidery-Knitting (Agtek).

The third such trading session took place as Agtek member companies were displaying their wares at a small industry exhibition. Read more about Third garment material trading session held

Garment trade heads for slump

Garment trade heads for slump
The Statesman, India

Statesman News Service
KOLKATA, July 18: The readymade garments business, though thriving in the state, may soon experience a slump if the government does not take immediate steps to stop labour exodus and ensure steady supply of power.
Addressing the Press at the inaugural ceremony of the 32nd Buyers Sellers Meet in the city today, Mr Vijay Kariwala, president designate of the West Bengal Garment Manufacturers and Dealers Association, said the sector grew at a rate of 20 per cent last year. “The trend is likely to continue as there is a huge demand for our products but we have to overcome a number of constraints,” he said. Read more about Garment trade heads for slump

WTO Plan Reshapes Vietnam's Economy

WTO Plan Reshapes Vietnam’s Economy
Truth about Trade & Technology, IA

Hanoi – A pair of eager workers gaze skyward from a billboard at the main gate of the Hanoi Textile and Garment Co., arms raised in proletarian zeal, a tableau of industry unfolding behind them. Bold slogans across the bottom urge worker solidarity and diligent labor.

But if the billboard is a socialist throwback, the front lobby faces the future. Festooned above the reception desk are the flags of 40 countries with American red, white and blue strategically positioned in the middle. Read more about WTO Plan Reshapes Vietnam's Economy

Vietnam : Tung Phuong Garment Co. inks $400,000 exports deal

Vietnam : Tung Phuong Garment Co. inks $400,000 exports deal with Belgium
July 17, 2014/Fibre2fashion.com, India

Tung Phuong Garment Company, recently, signed a contract worth US $400,000 of exports to Belgium market, officials of the company said.

This contract will be wrapped up by September, 2014.

So far this year, Tung Phuong, located in Thanh Hoa province, earned $600,000 as exports turnover from two traditional markets of the US and Korea, representing year–on-year surge of 150 percent. Read more about Vietnam : Tung Phuong Garment Co. inks $400,000 exports deal

Garment workers clash at Uttara: 20 injured

Garment workers clash at Uttara: 20 injured
The New Nation, Bangladesh

At least 20 people were injured when a clash took place between the owner’s men and employees at a garments factory at the city’s Uttara area yesterday morning.

The employees of Hachon garments factory at Majid Complex alleged that a gang of terrorists abducted some workers of the garments factory on Sunday night from the in front of Mijan’s Rickshaw Garage at North Foyedabad area and beat them indiscriminately detaining them at a local club Read more about Garment workers clash at Uttara: 20 injured